Smith, 35, has played the past six seasons with the Coyotes, posting a .914 save percentage in 55 games last year. He has two years remaining on his contract at a salary-cap hit of $5.67 million US.
The Kingston, Ont., native was originally drafted by the Dallas Stars in the 5th round of the 2001 NHL Draft. Smith played his first two NHL seasons in Dallas before a trade to Tampa Bay in 2008. After four years with the Lightning, he signed with Phoenix in 2011.
In his first season with the Coyotes he played 67 regular season games and went on to post a .944 save percentage in the playoffs as the Coyotes reached the Western Conference final for the first time in franchise history.
The 6’4″, 215lbs. goaltender has played 474 career NHL games posting a 2.70 GAA and a .913 save percentage.
Smith has won a gold medal on two occasions, representing Canada at the 2014 Winter Olympics and at the 2015 World Championship as Canada’s starting goalie, going 10-0 through the tournament.