That run on quarterbacks followed the 2011 draft, when four teams drafted starters in the first round and two more found starters in the second round.
Not coincidentally, teams invested in protection this year. Three of the first four picks, four of the first seven, five of the first 11 and eight in all during the first round were spent on offensive linemen.
Smith's slide will be costly, according to estimates at OverTheCap.com. Using the Eagles as an example, if Smith were taken with their first-round pick at No. 4, his rookie contract would have been worth about $19.8 million with a signing bonus around $12.5 million and an annual salary maxing out at around $6.3 million in 2016-17 season.
If the Eagles pick Smith with the third pick in today's second round, Smith's total contract would be worth around $5.3 million with a signing bonus of around $2.2 million and a high salary of around $1.7 million in that fourth season.
A top-10 pick has an option for a fifth year in which the salary is the average of the top 10 salaries at the position. There is no fifth-year option in a second-round pick's contract.
Smith, who declined an invitation to January's Senior Bowl, will have a chance early today, perhaps as quickly as Jacksonville with the first pick. The Eagles are 14 minutes later, though they drafted Nick Foles last season and convinced Mike Vick to restructure his contract this offseason. Arizona is No. 6, but acquired Carson Palmer from Oakland last month and agreed with Palmer on a restructured two-year contract.
The New York Jets pick seventh after passing on Smith at Nos. 9 and 13 in the first round. They have Mark Sanchez, Tim Tebow and 2011 seventh-round pick Greg McElroy on the roster, but Smith was optimistic Wednesday based on his meeting with the team last month.
Smith and Jets representatives, including the offensive coordinator, had dinner together and then talked football the night before Smith's impressive pro day performance.
"All those guys are great guys and I enjoyed the time spent with them," Smith said. "We talked a lot of ball and spent some time in the playbook being able to regurgitate it to see how much of it I could process and spit back to them. Overall I did a good job and they were very impressed."
Oakland might also be a fit at No. 10, though the Raiders traded for Seattle's Matt Flynn earlier this month.
No matter where Smith goes, there will be competition. Manuel was the only quarterback taken in a first round that saw just Austin, two other receivers and a tight end drafted at the skill positions.
Manuel wasn't surprised, even though he'd been rated not only below Smith, but also former Syracuse quarterback Ryan Nassib, who played in college for Bills Coach Doug Marrone. Manuel said he started to believe in the Bills after the Senior Bowl.
"When I met with them again at the combine I felt the same way and then also when I went out and worked out for them and then I went up for a visit," Manuel said. "There was a lot of confirmation going on. To me it was just more so a matter of when they were going to take me in the draft."