The Las Vegas Raiders have agreed to a two-year, $75 million extension with quarterback Geno Smith, a source told ESPN's Adam Schefter.
The contract has incentives that could push the total to $85.5 million and includes $66.5 million in guaranteed money, the source said.
Smith, acquired by the Raiders in a trade with the Seattle Seahawks earlier this offseason, now is under contract with Las Vegas for the next three seasons.
The Raiders had said earlier this week at the NFL's annual meeting that they were working on an extension for Smith.