The Francis Douglas Memorial College old boy, who is captaining the Hurricanes for the first time this season, said he hadn't gone through the fine print yet but would like to have things signed off in the near future.
"I probably should be thinking about it now. I want to clear it away before it gets too close to the end of the year and I have started talking to the NZRU and they're pretty good about those things. They like to back off you a little bit when you're during competition so you just use the chances in between."
Since his international debut in 2004, Smith has racked up 55 tests and scored 21 tries. He has also played 43 times for Wellington and has more than 70 appearances for the Hurricanes to his name.
He said most All Blacks had an idea of what they could command for a European or Japanese offer but Smith has shown little interest in the past.
"It's above board in the way they deal with it," he said. "You've got to put yourself out there and clubs feel around, they ask your agent if you're interested but I've always told the guys that look after me I'm not that keen so they back off. They don't come in cloak and daggers and offer better deals so that's how I've always done it."
Smith's impending retention will be a great boost for Hurricanes fans as he is the linchpin in a largely rookie backline who have performed above expectations this season.
They will hope their side can notch their sixth win of the season in Dunedin tomorrow night against a Highlanders outfit sitting one place above them on the New Zealand conference.
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