According to Armando Salguero of the Miami Herald, the Dolphins won’t place their franchise tag on cornerback Sean Smith.
Today is the first day NFL teams can use the Franchise tag on their UFAs. The Dolphins will NOT use their tag on Sean Smith. Period.
— Armando Salguero (@ArmandoSalguero) February 18, 2013
This doesn’t come as a surprise since it’s been obvious all along that the Dolphins are ready to let Smith walk.