Notable Transactions

According to the Kansas City Star, Kansas City Chiefs quarterback Alex Smith signed a four-year contract extension worth $17 Million per year and $45 Million guaranteed. Smith, who went 11-4 in the regular season as a starter, led the Chiefs to the playoffs.

Ian Rapoport reported that the Houston Texans sent the New England Patriots a conditional seventh round pick in exchange for backup QB Ryan Mallett. Mallett could be in the mix for a starting job as the season progresses.

The St. Louis Rams announced that they released defensive end Michael Sam. Sam, a 2014 seventh round pick, cleared waivers, per Albert Breer.

The Houston Texans cut safety Chris Clemons. per Rapoport. The Texans may bring in S Daniael Manning, per the Houston Chronicle.

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