Over at our forums, one of our posters came up with this Alex Smith Signing Conspiracy Theory. After I read it, it sorta makes perfect sense. Explanation below…
I don’t believe Alex Smith will sign anytime soon.
Alex and Harbaugh are tied together, and I believe the deal is already agreed upon, minus one detail. The cap numbers.
Alex Smith is the consummate team player and I honestly think that Alex is waiting to sign until the 49ers are done being players in Free agency. Once the Niners appear to be winding up their free agency shopping (another WR, an OL, and perhaps another safety for depth), then we’ll see Smith sign a 3-4 year deal maximizing his cap value for the 2012 year.
He’ll do this so that he can 1) get the most guarenteed money right away, and 2) moves his dollar value off the books immediately freeing up cap space for the 49ers to remain competitive in resigning and adding players in 2013 and 2014.
In my opinion the above scenario is as obvious as the lockout wink and nod deal, they had last offseason.
Now off to remove my tinfoil hat.