49ers Reportedly Do Not Have Alex Smith Trade in Place

Donald Wood@@Donald_WoodFeatured ColumnistFebruary 25, 2013

FOXBORO, MA - DECEMBER 16:  Alex Smith #11 of the San Francisco 49ers warms up before a game with the New England Patriots at Gillette Stadium on December 16, 2012 in Foxboro, Massachusetts. (Photo by Jim Rogash/Getty Images)
Jim Rogash/Getty Images

Despite conflicting reports, the San Francisco 49ers reportedly do not have a deal in place to trade backup quarterback Alex Smith, according to Matt Barrows of The Sacramento Bee:

This news comes after CBS Sports NFL insider Jason La Canfora reported that a deal involving Smith was “effectively complete” as of Sunday:

ESPN's Adam Schefter went on to confirm Barrows' report that the 49ers do not currently have a deal in place to trade Smith:

The San Francisco 49ers are involved in talks to trade quarterback Alex Smith and believe they're going to be able to make a deal, league sources say...

...San Francisco has found a legitimate amount of interest, according to sources. The Kansas City Chiefs are interested and the Arizona Cardinals also are thought to be.

There is no deal in place right now, sources said.

There are still two weeks until the new league year begins (March 12 at 4 p.m. ET via CSN Bay Area) and trades can be finalized, and while there are likely negotiations going on throughout the offseason, the 49ers would gain nothing by having a deal already in place. 

San Francisco wants to get a return worth making the move, and allowing teams the time to formulate deals and react to counterproposals is imperative to moving Smith in a timely fashion while still getting the value the team desires.

The 49ers aren’t just dealing away a backup quarterback, though. San Fran is trading a starting quarterback that lost his job after suffering a concussion (h/t New York Daily News) and being outperformed by the head coach’s handpicked protégé, Colin Kaepernick.

After never given the opportunity to find any kind of rhythm in the early portion his career, Smith had blossomed into a viable starter on a playoff-caliber team under Jim Harbaugh’s system.

While Kaepernick was the better fit for the 49ers in 2012 (helping the team reach the Super Bowl), Smith could be a major upgrade for many teams in the NFL.

There will be a few teams very interested in trading for Smith—a veteran that has been battled tested with adversity from Day 1 in the NFL—and likely candidates for a deal would be any franchise struggling at QB and looking for a fair-priced starter.

Smith never had the overwhelming power or elite numbers (averaging 6.56 yards per completion), but a passer rating of 104.1 and a completion percentage of 70.2 in the 10 games the veteran started in 2012 prove he now has a grasp for the NFL game.

With a $9 million cap hit over the next two seasons (h/t Spotrac), paying that much for a backup QB is not what San Francisco wants to use that money for, so a deal still will likely happen eventually.