It does not appear Trey Smith will consider a holdout. He signed his franchise tender Sunday, NFL.com’s Ian Rapoport tweets. This will guarantee the Pro Bowl guard’s $23.4M salary.The Chiefs naturally want this to be a placeholder,

The Chiefs made a surprising move with the franchise tag. Here’s their explanation for it — and the reverberation from the decision.

Similar to last year with pass rusher Chris Jones, GM Brett Veach acknowledged that re-signing Smith, 25, is the team’s top priority.