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Financial considerations always follow rapid production. Entering the final year of his three-year entry-level contract, Smith became eligible for an official extension on July 1, 2026. Reporting from San Jose Hockey Now indicates management plans to take a proactive approach with their young core. General manager Mike Grier faces the delicate task of balancing long-term salary cap commitments between Smith, Celebrini, and incoming defensive assets.

Recent league precedents provide clear blueprints. Comparable forward extensions range from bridge deals in the $6.5M, $7.5M range across three years to long-term commitments reaching eight years at $8M, $8.8M annually. If Smith clears the 70-point plateau during the 2026, 27 campaign, San Jose may opt to lock him into maximum term early, ensuring cost certainty as the broader NHL salary cap rises past $92 million.