Smith has only appeared in six games for the Sharks this season, failing to register a point. Early on, he missed 18 games with a concussion.
In December, the 27-year-old forward was assigned to the AHL for a brief conditioning stint. He’s played two NHL games since, receiving very limited ice time. His last appearance was on Dec. 22 when he logged just 4:51 against the Kings.
If Smith clears waivers and is sent to the AHL, it would open up a roster spot (the Sharks are currently at the maximum 23 active players) and clear some cap space.
Smith is a pending unrestricted free agent.