The Ottawa Senators have placed veteran forward Zack Smith on waivers, according to Postmedia's Bruce Garrioch.

The 30-year-old signed a four-year contract with the club in January 2017 and has three seasons remaining on his current deal at $3.25 million per season. If he clears waivers, he'll report to the AHL's Belleville Senators, which would give Ottawa just over $1 million in salary cap relief, per Cap Friendly.

Smith registered five goals and 14 assists in 2017-18 while averaging over 16 minutes per night. With the recent Erik Karlsson trade, Smith stood as the longest-serving Senator, having played 542 games for the franchise since being drafted in the third round of the 2008 draft.

Copyright © 2018 Score Media Ventures Inc. All rights reserved. Certain content reproduced under license.