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49ers | Alex Smith contract update

Updating a previous item, the San Francisco 49ers and QB Alex Smith have agreed to terms on a three-year contract that will pay him $8 million per season with $16.5 million guaranteed, a person with knowledge of the negotiations said Wednesday, March 21. Smith's new deal, which was all but done late Tuesday, March 20, can pay him up to $33 million.

2012-03-21 10:16:16 | Source: The Associated Press

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