Alex Smith QB KC 2 Days

Smith completed 14-of-22 passes for 127 yards, and he ran one time for nine yards during Sunday's preseason game against the Panthers.

Smith played the entire first half, but did not seem to have any real chemistry with receivers not-named Dwayne Bowe. That will be an issue heading into the season, as Bowe, who caught five passes on six targets for 62 yards (all from Smith), is suspended for the first game of the season. With Jamaal Charles (foot) sitting this one out, Smith threw the ball more than he normally does, so fantasy owners shouldn't look at the stat line and start thinking that Smith is going to start throwing 44 times per game.

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Smith is being encouraged by the Chiefs to attempt more downfield passes, ESPN.com reports.

Smith was largely conservative last season, as the team's leading receiver was running back Jamaal Charles. This led to Smith throwing only seven interceptions, but the Chiefs were dominated by their opponents in terms of pass plays of 20 yards or greater. Andy Reid and company hope for this to change this season, as they will encourage their quarterback to take more chances on deep balls than in years past. If this holds true at the onset of the regular season, both Donnie Avery and Dwayne Bowe may see more opportunities for big plays down the field.

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Walk-year QB Alex Smith said he will table his contract discussions with the Chiefs if they become a distraction.

"You're getting to the point where either way, you want it to stop being a distraction," Smith said. "You're finally gonna cross a line where it's like, it's just football from here on out." Smith has already said he wants to stay in Kansas City, but "significant differences" still exist between the two sides. It appears unlikely a deal will be struck before the season.

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Speaking Monday, coach Andy Reid confirmed the Chiefs remain in long-term talks with walk-year QB Alex Smith.

Smith said earlier this month that he remained hopeful of striking a deal. Despite the ongoing dialogue, there's been little indication the sides are close to an agreement. A bridge quarterback now on the wrong side of 30, Smith is a complicated long-term case.

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Walk-year QB Alex Smith remains hopeful of signing a long-term agreement with the Chiefs.

Speaking Thursday, Smith said the sides have had ongoing talks. "I'd love to have it done," Smith said. "But when you're talking about this many years and that type of deal, you want it done right. You want both sides happy." The Chiefs are in a tough spot, as Smith, 30, has everything you'd want in a bridge quarterback, but hasn't proven to be someone you build an offense around. A 2-3 year deal could end up being the compromise.

Alex Smith QB KC 2 Months

ESPN' Adam Teicher believes it will be "difficult" for the Chiefs to maintain the same level of passing success they enjoyed down the stretch last season.

Alex Smith was quietly solid over the second half of 2013, passing for 217 yards and two touchdowns a game over his final seven. Smith is not the problem in Teicher's eyes, however. The Chiefs did nothing to address one of the weakest receiving corps in the league this offseason, instead hoping for a bounce-back season from Dwayne Bowe and the emergence of players like second-year TE Travis Kelce to bolster their toothless passing attack. It is unlikely to work. Smith remains an interesting fantasy asset because of his scrambling ability, but he may have hit his ceiling last season.

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ESPN's Adam Teicher doesn't expect the Chiefs to offer Alex Smith more than $15 million annually.

Smith is seeking a contract similar to Jay Cutler ($18.1M per year), so it's a large gap to cover. The Chiefs have expressed interest in getting a deal done before training camp, but are willing to franchise Smith if a long-term contract can't be worked out. Smith is set to make just $7.5 million in the final year of his current deal. He set career highs and made the Pro Bowl in his first season with Andy Reid, but is likely going to have to settle for second-tier quarterback money.

Alex Smith QB KC 3 Months

Chiefs coach Andy Reid is confident the team will work out a long-term deal with Alex Smith.

"I don't think he's concerned and we're not," Reid said. "I'm sure it will get worked out down the road." There's going to be more back and forth in the media, but it would behoove both sides to figure something out before training camp.

Alex Smith QB KC 3 Months

Sources tell NFL Network's Ian Rapoport the Chiefs are willing to franchise tag Alex Smith in 2015 if no long-term contract is reached.

As there is no "second-tier" quarterback precedent, contract-year QBs Smith and Andy Dalton have reached crossroads with their respective teams, who aren't wiling to pay them "first-tier" money. It's no secret by now that Smith wants Jay Cutler money, or perhaps even more. (That's $18.1 million per year.) We still wouldn't be surprised if the sides reach a compromise before camp.

Alex Smith QB KC 3 Months

NFL Network's Ian Rapoport reports contract-year QB Alex Smith is asking the Chiefs for "top-tier" quarterback money in an extension.

Hence the reason contract talks are "going nowhere," according to multiple reports. The Bears recently gave Jay Cutler an annual average of $18.1 million, and Smith is both younger and coming off of a better 2013 season than Cutler, all things considered. The National Football Post's Jason Cole tweeted Wednesday that Smith "wanted a deal above Jay Cutler" in January, and Cole "can't imagine that has changed." The Chiefs would be smart to let Smith play one more season under Andy Reid before breaking the bank to keep him. If Smith takes another big step forward, the franchise tag could come into play.