Jets sign QB Smith to 4-year, $5 million contract

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NEW YORK — The New York Jets signed quarterback Geno Smith, their second-round draft pick, to a four-year contract that is worth about $5 million.

Smith, drafted 39th overall after an unexpected slide out of the first round in April, is competing with incumbent Mark Sanchez for the starting quarterback job. The signing was announced by the team, which still has its two first-round picks — cornerback Dee Milliner and defensive lineman Sheldon Richardson — unsigned.

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