Smith is considering his options, but the Packers seem to be the favorite to sign the linebacker, Rob Demovsky of ESPN.com reports.

EDGE Analysis

Ian Rapoport reported earlier Wednesday that the Packers were finalizing details of a contract with Smith, but other teams still are in the mix to land the sixth-year pro. Smith has three seasons with at least 100 tackles under his belt and has averaged 7.6 tackles per game for his career, so he'll likely be a boon to the middle of whichever defense he joins.