The 31-year old is eligible to become an unrestricted free agent amid interest from Melbourne, while Hawthorn remains keen to re-sign him.
The Cats have reportedly tabled a two-year deal, the same as the Hawks, while the Demons have made a three-year offer.
Melbourne have long been considered the frontrunner for the triple-premiership player should he wish to depart Waverley Park, while Morris reports Geelong have been a “sleeping giant in the race for Smith for several months”.
It is believed that all three offers are similar financially, while Hawthorn will not budge on their two-year offer.
There are reportedly no other clubs in the mix for the wingman.
Smith averaged 17.3 disposals from 10 games in 2020 after a shoulder injury hampered the second half of his season.