Raiders agreed to terms with S Reggie Smith, formerly of the Panthers. Smith, 26, was out of football last year after being one of the final cuts in Panthers camp. The No. 75 pick of the 2008 draft is a career-reserve and special teamer. Smith will add depth to arguably the weakest roster in the league.

Panthers signed S Reggie Smith, formerly of the 49ers.

The Sacramento Bee confirms that free agent S Reggie Smith is less likely to return to the 49ers after the team franchise tagged Dashon Goldson. Smith and fellow free agent S Madieu Williams "will be looking for starting roles" when the market opens on March 13. The 75th overall pick in the 2008 draft, Smith has starting-caliber tools and could be one of the better "second-tier" free agent targets. He goes 6-foot-1, 200 and played corner at Oklahoma.

The 49ers reportedly reached an "understanding" after the season that free agent S Reggie Smith would be allowed to test the market in 2012. The Niners are expected to either franchise tag FS Dashon Goldson or lock him up long term, which would have left Smith as a third safety for another year behind Goldson and SS Donte Whitner. The 75th overall pick in the 2008 draft, Smith was a college cornerback. He held his own in seven starts two seasons ago, and should draw some interest as a starter in free agency.

49ers S Reggie Smith will miss "a couple of weeks" after being diagnosed Monday with a torn meniscus in his knee. Smith will require arthroscopic knee surgery, though beat writer Matt Barrows reports it's "not a long-term injury." The surgery is still enough of a concern that it may give recently re-signed Dashon Goldson a leg up in the battle to start at free safety. Smith was shining in training camp before the injury.

49ers FS Reggie Smith will reportedly require surgery on an undisclosed body part and is out for an undetermined period of time. This explains the team's sudden need to re-sign Dashon Goldson. Details of Smith's injury should be available soon. He was projected to start at free safety.