Smith signed a one-year contract with the Rangers on Saturday.
Houston declined Smith's $13 million club option for 2023 after the lefty posted a 3.97 ERA, 1.41 WHIP and five saves over 65 appearances last season. Smith surpassed 30 saves in 2019 and 2021 with San Francisco and Atlanta, respectively, and could close in Texas with Jose Leclerc (neck) banged up. Smith is expected to join the team right away Saturday.