The Facts: Following up on the ongoing story. ... The agent for Smith says the five-time Pro Bowl selection has played his final snap for the Panthers. Smith's longtime representative Derrick Fox told the Associated Press on Wednesday that Smith "is not going to play for the Panthers next year, I know that. I just don't know when that transaction is going to take place." Fox said the Panthers have been trying to trade Smith, but expects he will ultimately be released.

Diehards Line: Fox said the Panthers have not asked Smith to restructure his current contract which calls for him to make $7 million under this year's salary cap. Regardless of whether the Panthers cut Smith or keep him, the club will have to pay him $3 million this season as part of the three-year contract extension he signed in 2012. Smith is Carolina's all-time leading receiver with 836 receptions for 12,197 yards and 67 touchdowns receiving. Smith is 19th all-time in NFL history in yards receiving and 25th in receptions. Smith had 64 receptions for 746 yards and four touchdowns last season helping the Panthers go 12-4 in the regular season and capture the NFC South championship. Fox said Smith plans to continue his playing career in the NFL when the Panthers cut ties. Meanwhile, Smith reportedly has the Ravens at or near the top of his wish list should he get cut by the Panthers according the Aaron Wilson of the Baltimore Sun.