Quarterback Alex Smith has agreed to a new three-year deal to stay with the San Francisco 49ers, sources confirmed to ESPN.com senior NFL writer John Clayton. The 49ers and Smith reached agreement on a deal that sources told ESPN senior NFL analyst Chris Mortensen will pay the former No. 1 overall pick an average of roughly $8 million per season. "Oh, I'm excited," tight end Vernon Davis told The Associated Press in a text message Tuesday night. "I'm glad. Alex deserves all good things that come his way. Read more: http://espn.go.com/nfl/story/_/id/7...ers-alex-smith-agree-new-contract-sources-say