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Trey Smith has signed his franchise tag

On Sunday evening, NFL Network’s Ian Rapoport reported that the Kansas City Chiefs’ right guard Trey Smith has signed his 2025 franchise tag.

Source: #Chiefs G Trey Smith has signed his franchise tag, locking in $23.4M on a 1-year, fully guaranteed deal and officially making him the NFL's highest-paid guard. KC would like to work out a long-term deal. https://t.co/5ukA9UotTj

— Ian Rapoport (@RapSheet) March 10, 2025

This means that unless the Chiefs sign Smith to a long-term deal — or trade him to another team, which would likely sign Smith to a new contract — he will play the 2025 season in Kansas City on a fully-guaranteed one-year contract worth $23.