Mar 21, 2012 3:47 PM by Andrew Masuda
Quarterback Alex Smith has signed a three-year deal with the San Francisco 49ers that will pay him $8 million per season with $16.5 million guaranteed.
A person with knowledge of the contract details said Smith's deal can pay him up to $33 million. The person spoke on condition of anonymity because details weren't made public.
On Tuesday, Peyton Manning was formally introduced in Denver after the 49ers pursued the four-time NFL MVP. Coach Jim Harbaugh worked out Manning at Duke last week.
The 27-year-old Smith met with Miami on Sunday but ultimately decided to stay put with the storied franchise that drafted him first overall in 2005.
Smith had a breakthrough season last year, throwing for 3,150 yards and 17 touchdowns to help San Francisco reach the NFC title game.
PLEASE HELP US MODERATE COMMENTS
Offensive or inappropriate comments are subject to removal. To report a comment, please e-mail us at firstname.lastname@example.org, and include the name of the story and information on the comment.
Thank you! KSBY.com