Smith (hamstring) will either be released with an injury settlement or placed on injured reserve, ABC Atlanta's Zach Klein reports.

EDGE Analysis

Smith was never talked up for potentially taking on a significant workload, but it was generally assumed he'd stick around to play a few snaps per game in a change-of-pace role. He should draw interest around the league once he's healthy, as he's been remarkably productive on very limited touches to this point in his career. Smith is one of the NFL's fastest running backs, but he's also one of the smallest.