Found March 21, 2012 on The Juicy Online:
Arizona_cardinals_v_0d7c
The San Fransisco 49ers are saying "sorry" to quarterback Alex Smith -- for suggesting to the world that their intent was to get Peyton Manning -- by giving Smith a 3-year deal worth $33 million.

According to the Associated Press, out of the $33 million -- $16 million of that money is guaranteed. 
Before the 49ers made their advances towards Manning, the team was prepared to offer Smith a contract only worth $24 million. 
It's being said that ever though Smith talked to the Miami Dolphins, last week, Smith knew his best changes to have sucess in the NFL would be to remain in San Francisco. 
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