49ers working on Alex Smith situation during Combine

Derick E. Hingle-USA TODAY Sports

The 49ers will not be on the hook for any dead money when they eventually trade away Alex Smith.

The contract for San Francisco 49ers quarterback Alex Smith is structured in such a way that the team would be able to trade him without being on the hook against the salary cap for any pro-rated bonus money, per Albert Breer of the NFL Network. The 49ers have been working all week during the NFL Combine to trade Smith, according to Breer, but they will not be able to finalize any trade until the new league year begins on March 12

Head to Niners Nation for more on this story

San Francisco reportedly agreed to a deal for Smith earlier on Sunday. They have not revealed the team acquiring him yet, but it's widely believed to be the Kansas City Chiefs or Buffalo Bills (the Jacksonville Jaguars have already denied involvement).

A former No. 1 overall pick in 2005, Smith mostly struggled throughout his career before finding new life under coach Jim Harbaugh. Harbaugh never saw him as the long-term answer, however, and benched him for Colin Kaepernick halfway through the 2012 season. Kaepernick went on to lead the 49ers to the Super Bowl, making Smith even more expendable.

Smith may never live up to his high draft status, but he'll be a passable stopgap for a team looking to develop a young quarterback.

More in the NFL:

’Best player available’ and other lies

Linemen running the 40 will inspire you

Mike McCarthy is confused

GIF: Tavon Austin, Marquise Goodwin with blistering 40s

Mike Mayock explains why he likes big butts

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.