What It Means:

Smith has said he still wants to play but Washington wasn't expected to keep him around after signing Taylor Heinicke to a two-year contract. The Jacksonville Jaguars have been mentioned as a potential landing spot because head coach Urban Meyer was Smith's college coach at Utah. The 2020 Comeback Player of the Year will be 37 at the start of next season.

Smith went 5-1 as a starter last season after beginning the year third on Washington's depth chart. He averaged 12.5 FanDuel points and 232.6 passing yards in five complete starts. Among the 35 quarterbacks with 250 dropbacks in 2020, Smith was 32nd in Passing Net Expected Points per dropback.