Smith's new deal, at $23 million per year, also guarantees the offensive lineman $70 million. The 26-year-old Smith becomes the highest-paid guard in NFL history, topping Philadelphia's Landon Dickerson, who was extended last year at four years and $84 million on a contract with a $21 million average annual value.

ESPN's Adam Schefter reported the reigning AFC champions are have agreed to a four-year, $94 million contract with Trey Smith that will make him the top-paid offensive guard in NFL history. Fox Sports' Jordan Schultz first reported a deal was close.

According to CBS Sports NFL insider Jonathan Jones, the Chiefs' star right guard is signing a four-year, $94 million extension that includes $70 million guaranteed. Smith's new AAV of $23.5 million makes him the highest-paid offensive guard in the NFL.