Full details of Alex Smith's contract

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Full details of Alex Smith's contract

Quarterback Alex Smith's contract counts $9.25 million against the 49ers' 2012 salary cap, according to a document obtained Thursday by CSNBayArea.com through an NFL Players Association source.

Smith signed a three-year, $24 million contract with $9 million in guaranteed money, as reported on Wednesday. The deal can average as much as $11 million annually if Smith maxes out his incentives and escalator.

On the surface, the contract looks as if it contains $16.5 million in guaranteed money. But Smith's second-year base salary of $7.5 million is fully guaranteed only if Smith remains on the 49ers' roster on April 1, 2013.

Smith received no signing bonus, but his $5 million base salary and $3 million roster bonus for 2012 are guaranteed. Also, $1 million of his second-year salary is fully guaranteed.

In figuring Smith's cap figure, likely-to-be-earned incentives of $1.25 million count each of the three seasons because Smith would have reached those incentives with his performance from last season.

Smith's projected cap figures for the three years of his contract are $9.25 million in 2012, $9.75 million in 2013, and $8.75 million in 2014.

Here's how Smith's average salary per season ranks among other quarterbacks in the NFL (with years the deals span):

Average QB salaries per year
Peyton Manning 19.2 million (2012-'16)
Tom Brady 18 million (2010-'14)
Michael Vick 16.67 million (2011-'16)
Eli Manning 16.25 (2009-'15)
Philip Rivers 15.3 million (2009-'15)
Jay Cutler 14.67 (2009-'13)
Ben Roethlisberger 14.67 million (2011-'15)
Drew Brees 14.4 million (2012)
Mark Sanchez 13.49 (2012-'16)
Sam Bradford 13 million (2010-'15)
Aaron Rodgers 12.7 million (2008-'14)
Kevin Kolb 12.4 million (2011-'16)
Matthew Stafford 12 million (2009-'14)
Tony Romo 11.25 million (2011-'16)
Matt Ryan 11.25 million (2008-'13)
Ryan Fitzpatrick 9.83 million (2011-'17)
Matt Cassel 9.66 million (2009-'14)
Matt Schaub 8 million (2007-'12)
Alex Smith 8 million (2012-'14)
-Exclusive franchise tag (subject to raise)

Other notable quarterbacks
Matt Flynn 6.5 million (2012-'14)
Cam Newton 5.5 million (2011-'14)
Josh Freeman 5.24 million (2009-'13)
Tim Tebow 4.55 million (2010-'14)
Joe Flacco 4.33 million (2008-'12)

From NFL Players Association sources

49ers 2017 UDFA tracker: Southern Miss QB reportedly agrees to terms

49ers 2017 UDFA tracker: Southern Miss QB reportedly agrees to terms

SANTA CLARA – The 49ers are reportedly adding a fourth quarterback to their 90-man roster.

Nick Mullens a four-year starter at Southern Mississippi, agreed to terms with the 49ers after the conclusion of the Saturday’s NFL draft, he told the Hattiesburg American.

As a senior, Mullens completed 65.5 percent of his passes for 3,272 yards with 24 touchdowns and 11 interceptions.

Mullens joins a quarterback group that includes starter Brian Hoyer, backup Matt Barkley and third-round draft pick C.J. Beathard.

Other reported 49ers free-agent agreements include:

--RB Matt Breida, Georgia Southern: In three seasons at Georgia Southern, Breida rushed for 3,740 yards and 37 touchdowns while averaging 6.9 yards a carry. (Tampa Bay Times)

--OL Erik Magnuson, Michigan: Magnuson (6-6, 305) was a first-team All-Big Ten performer who started every game at right tackle. He announced on Twitter that he has agreed to terms with the 49ers.

--WR Kendrick Bourne, Eastern Washington: He caught 211 passes for 3,130 yards and 27 touchdowns in his four-year career. Bourne (6-1, 203) had his best season as a senior, with 79 receptions for 1,201 yards and seven touchdowns. Eastern Washington announced Bourne’s three-year contract.

--OT Darrell Williams Jr., Western Kentucky: Williams (6-5, 315) started 41 games. He played his final two seasons at right tackle after moving from right guard. Western Kentucky announced the contract agreement with the 49ers.

--WR KD Cannon, Baylor: Cannon caught 195 passes for 3,113 and 27 touchdowns in his three-year career. He turned pro after a junior season in which he caught 87 passes for 1,215 yards and 13 touchdowns. He announced his contract agreement with the 49ers via Twitter.

--DB Lorenzo Jerome, Saint Francis (PA): Jerome, a Senior Bowl invite, was named first-team FCS All-American. He intercepted six passes in 2016 with 59 tackles, 5.5 tackles for loss and 11 pass break-ups. He added a touchdown on a kickoff return. (Pittsburgh Post Gazette)

--LB Jimmie Gilbert, Colorado (Denver Post)

--OL J.P. Flynn, Montana (NEPatriotsdraft.com)

--DE Noble Nwachukwu, West Virginia (NEPatriotsdraft.com)

--TE Cole Hikutini, Louisville (NFL Network)

--LB Donavin Newsom, Missouri (Columbia Daily Tribune)

--WR Victor Bolden, Oregon State (Bolden via Twitter)

Lynch: TE McDonald to return to 49ers after being on trade block

Lynch: TE McDonald to return to 49ers after being on trade block

SANTA CLARA – The 49ers explored trade options for veteran tight end Vance McDonald during the three-day draft, but he is scheduled be back with the team when the club reports Monday for the fourth week of the offseason program.

“I think that’s the reality of new regimes coming, new schemes,” 49ers general manager John Lynch said Saturday at the conclusion the seven-round draft. “That’s not to say that he can’t fit into our scheme. Frankly, we received some interest from some other people, then we did explore some options throughout the league with Vance. Nothing ended up happening, so Vance will come back and have an opportunity to compete.”

Coach Kyle Shanahan said he called McDonald on Friday night to keep him updated on the team’s though process in pursuing trade options. McDonald was at his brother’s wedding, Shanahan said, so he left him a long voice message. McDonald responded Saturday morning with a text. Shanahan said the two men will speak on Monday in Santa Clara.

“We did take over a 2-14 team,” Shanahan said. “We don’t feel all the answers are here right now. We have a lot of work to do. We need to improve in any way possible. And we’re going to do that. We’re going to do that from an organizational standpoint. How can we improve the building? How can we improve the coaching staff? How can we improve the personnel department? How can we improve the players?

“Just from Vance’s text back, I think people understand that. I think it does make sense. I don’t think that’s something personal.”

Former 49ers general manager Trent Baalke signed off on a five-year contract extension for McDonald in December that consisted of a $7 million signing bonus. McDonald appeared in 11 games last season, catching 24 passes for 391 yards and four touchdowns. The 49ers acquired McDonald as a second-round draft pick 2013. In 48 career games, McDonald has 64 receptions for 866 yards and seven touchdowns.

The 49ers signed veteran tight end Logan Paulsen in the offseason. On Saturday, the 49ers selected Iowa tight end George Kittle in the fifth round of the draft. Kittle joins fellow tight ends McDonald, Garrett Celek, Paulsen, Blake Bell and Je’Ron Hamm on the 49ers’ 90-man roster.