Smith and the team haven't held discussions during the season. The Falcons are 12-3, and they can claim the NFC South title and the conference's No. 1 playoff seed Sunday with a victory over the 2-13 Carolina Panthers.
Smith is 32-15 in three seasons with the Falcons and hasn't posted a losing record. He signed a four-year contract worth between $8 million and $10 million in 2008, after leaving the Jacksonville Jaguars' defensive coordinator job.