Ben Volin of the Palm Beach Post reported that Smith is looking to net around $8 million per year on his contract. Smith was considered a candidate for the franchise tag, but Armando Salguero of the Miami Herald reported that the Dolphins will not tag Smith.
A second-round selection of the Dolphins in 2009, Smith is 6-2, 215 pounds and has five interceptions in his four-year career. He has only missed one game during his time in South Beach having started 56 of his 63 contests.
The Eagles' cornerback situation is fluid entering this offseason.
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