What It Means:

This is a result of the 49ers trying to preserve both Smith's trade value, and their own relationship with the receiver, as they don't want to seem too eager in the event that a deal doesn't materialize. The Philadelphia Eagles have been the only team mentioned as a possible partner, but there are other squads -- such as the Cincinnati Bengals and Pittsburgh Steelers -- who could use Smith's services.

Smith has struggled in San Francisco this season, and his 0.42 Reception Net Expected Points per target are the lowest among the four 49ers wideouts with at least five targets this season.