Smith won't receive a franchise tag, Adam Schefter of ESPN reports.

EDGE Analysis

Smith and Hunter Henry profile as the top free-agent TEs this offseason, likely targeting deals around $10 million per season. Smith is a reliable blocker and receiver who excels after the catch, though his route tree in Tennessee largely focused on the flats and short crossing routes. A change of scenery might come with the opportunity to expand his role as a pass catcher.