The Raptors are converting Smith to a two-way contract, Michael Scotto of USA Today reports.
Smith appeared in 15 regular-season games for Brooklyn last campaign, averaging 8.3 points, 3.4 rebounds and 3.3 assists while shooting 48.5 percent from the field and 43.5 percent from three-point range. The 26-year-old will occupy one of Toronto's three two-way spots and should spend much of the upcoming campaign moving between the Raptors and their G League affiliate, Raptors 905