The Bobcats signed the free agent and former all-star guard to an undisclosed contract today.

"Steve Smith is the consummate professional, both on and off the court, and he will be a great leader for our young team," said general manager and head coach Bernie Bickerstaff. "Steve is one of the finest shooters to play the game and he competes every time he steps on the court, which is what our team is all about."