Smith pulled out a large envelope Thursday with several reporters standing around his locker and insinuated it was his fine from the NFL for calling umpire Dan Ferrell "garbage" after Sunday's 22-6 loss to the Arizona Cardinals.
He then reached in and pulled out a smaller envelope that had "Dumbs---" written on the outside.
He smiled and tossed it in the trash can.
The league has given no timetable for when a fine might come, and Smith insists he's not worried about it.
But he did seem to get pleasure out of playing with the minds of reporters.
Bemoan this: Over the past few days Armanti Edwards has been referred to as everything from a legend to cult hero. Fans have bemoaned the release of the quarterback-turned-wide receiver like he was Tim Tebow.
They should be bemoaning that Carolina traded a 2011 second-round pick to move up to take the former Appalachian State quarterback in the third round of the 2010 draft.
That's basically two wasted picks for one player whose accomplishments over the past two-plus seasons make Tebow look like Tom Brady.
Trading a second-round pick for Edwards, whose biggest claim to fame was leading Appalachian State to a 34-32 victory over an overrated Michigan team in 2007, arguably was the worst move former general manager Marty Hurney ever made.
Consider who went after Edwards in the 2011 draft. At the top of the list has to be Jimmy Graham, the New Orleans tight end who is second in the NFL in receptions this year with 37.
And he's from Goldsboro, N.C., so like Armanti he has local ties.
They could have had former University of Georgia defensive tackle Geno Atkins, who went in the fourth round to Cinncinati. He's a two-time Pro Bowler now.
Consider who they could have gotten with that second-round pick (No. 3 overall) in 2011. Wide receiver Randall Cobb with the Green Bay Packers surely would have helped quarterback Cam Newton's production.
They could have had quarterback Colin Kaepernick as a backup plan for Newton, the first pick that year, although that never would have happened.
Instead, they got a project, one that never panned out.
Not that New England got much with the Carolina pick. The Patriots selected cornerback Ras-I Luis Dowling, who is now a free agent.
But in a business based on production, Edwards had to go. He was on the field for 41 plays this season. He had no catches. With a salary cap value of $808,460, that's $19,718 per play on which he didn't make a play.
Now that's legendary.