Chiefs get 49ers quarterback Alex Smith, ESPN reports

It appears that all the speculation from last weekend about where San Francisco 49ers quarterback Alex Smith was going has panned out. ESPN has confirmed that Smith, who was the No. 1 draft pick in 2005, will be traded to the Chiefs when the trade window opens on March 12.
The Chiefs, who have the first overall pick in this year’s draft, are sending San Francisco a second-round pick (No. 34 overall) and a later conditional pick. Smith, 28, is due $8.5 million in guaranteed money for the upcoming season. The quarterback was having a strong season in 2012, including a memorable October Monday Night Football performance in which he completed 26 of 28 passes, before being sidelined with concussion problems.