Per NFL Network's Ian Rapoport, Smith has agreed to a two-year extension with the Raiders that will keep him under contract through 2027. Smith's new deal is worth $85.5 million with $66.5 million guaranteed, according to Fox Sports' Jordan Schultz.

The Las Vegas Raiders don't want to take any chances with their new quarterback. With Geno Smith a year away from free agency, the team reportedly signed him to a two-year, $75 million extension Thursday, according to Ian Rapoport of NFL Network.

Quarterback Geno Smith agrees to 2-yr/$85.5M extension with Las Vegas Raiders. Wide receiver Jimmy Horn Jr. joins 'The Insiders' for an exclusive interview on April 2, 2025. Quarterback Geno Smith agrees to 2-yr/$85.5M extension with Las Vegas Raiders.