Actually if memory serves neither was put with the franchise or transition tags because the Titans couldn't afford the tags. So, the Titans won't get any compensatory picks for either one.
Ahhh, good first couple days for Texans fans. Resign Walker to a lower cap number, sign Wade (overpaid a little IMO, but still good pick up) and now Smith. Now we get a good young corner (Wingfield perhaps?) and the draft can go to filling in depth rather than looking for an instant starter.