The Facts:
Following up on the
ongoing story. ... The 49ers raised their contract offer to Smith only "moderately" in late negotiations, a league source told CSNBayArea.com on Wednesday. Smith signed a three-year, $24 million contract that includes $9 million in fully guaranteed money, the source said. If Smith maxes out his incentive package -- likely based on play time and undisclosed performance levels -- the total package of the contract can reach $33 million.
Reported by CSNBayArea.com
Fantasy Football Diehards Line:
The total money available to Smith in his contract did not change from the 49ers' initial offer several weeks ago, the source said. But the 49ers did raise the guaranteed money $1 million from their initial $8 million offer, according to the source. Smith said on Wednesday that coach Jim Harbaugh and GM Trent Baalke informed him last week of the club's interest in free-agent Peyton Manning. Smith said he was not offended that Harbaugh and offensive coordinator Greg Roman flew cross country to watch Manning work out. Smith said in a conference call with reporters on Wednesday that he was not upset with the 49ers' offer of years and commitment. "For me, this was the plan all along," Smith said. "Obviously, since the season ended, I wanted to be back here. And it dragged out a little bit, but glad it's over. Glad it's done. I'm glad to get back to work."
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