It is believed that a decision on where he will be playing next season could be known as early as the next fortnight.
The 31-year old is weighing up signing a two-year extension to remain at the Hawks or exercising his free agency rights.
The hard running winner only managed the 10 games in 2020 due to injuries, which is the lowest games played in a season in his career.
The injuries sustained by Smith during the season aren’t said to be long-term injuries that will hinder his on-field play, which is positive news and also means Smith could play for another three or four years should his body hold up.
Melbourne are one of the clubs interested in Smith’s services as an outside runner, a trait the club have made known they are looking for during the upcoming trade and free agency period.
Given Smith’s importance to the Hawks with his running ability and premiership experience, the club are expected to do all they can to keep him at the club.
He averaged 17.3 disposals per game in 2020.