The Kansas City Chiefs are reportedly trading quarterback Alex Smith to the Washington Redskins, according to our editorial partners at the Washington Post.

The deal will be reportedly finalized on Wednesday.

The transaction will not be completed until the start of the NFL season on March 14.

According to the Washington Post, Kirk Cousins will become a free agent on March 14 unless he re-signs or the team uses the franchise tag on him.

RELATED: Kirk Cousins says he's committed to staying long term in DC

The Kirk Cousins era is probably all but over. Smith and the team have agreed to a four-year contract extension, which will be around $23.5 million per year and $70 million in guarantees, according to ESPN's Chris Mortensen.

Terez Paylor of The Kansas City Star first reported the story.

Both quarterbacks, Kirk Cousins and Alex Smith, spoke with reporters on radio row at the Super Bowl before reports of the trade surfaced. Also, WUSA9's Diane Roberts spoke with Redskins Senior Vice President of Player Personnel Doug Williams earlier Tuesday. Williams gave no indication that a trade was in the works.

"I think Kirk and Zack [Brown] are in the same boat," says Williams. "They're both free agents, and they've got to make a decision."

It would appear, the Redskins have made Cousins' decision for him.

In Minneapolis, Cousins said he is treating this offseason no different than previous ones.

"The last two years, I've just played it passively and let the Redskins tag me and go from there," said Kirk Cousins on 'The Simms And Lefkoe Podcast by Bleacher Report.' "I think this year the same way. I'll just let the tag deadline come and go and see what they want to do. And then from there if they don't tag me, then I'll be a little more active and see what I want to do."

Cousins was looking for a long-term deal after being on the franchise tag the last two years. That's not going to happen anymore the way things are looking right now.

On the flip side, Alex Smith is set to join the Redskins with a long-term deal in place.

On 'The Simms And Lefkoe Podcast by Bleacher Report,' Smith says not being placed in the elite category of quarterbacks is his motivation.

"Oh, for sure that drives you no question," said Smith. "I'd be lying if I said it didn't."