Report: 49ers, Alex Smith close to finally finalizing deal, but how close is close? Update: Close. They just agreed to terms.
According to Chris Mortensen, Alex Smith is “in the process of finalizing a deal” with the Niners. Mortensen reports the contract will average about $8 million per year. Now, all the Niners and Smith have to do is work out the contract language and agree on the guaranteed money. Piece of cake, right? Not so fast. The guaranteed money has been a major sticking point in the negotiations this whole…