Smith agreed to a contract Friday with Istanbul BSB of the Turkish Basketball Super League, Chris Reichert of Upside Motor reports.
Smith was waived by the Timberwolves on Thursday, Shams Charania of Yahoo! Sports reports.
Smith (coach's decision) didn't see the court in Tuesday's 124-117 overtime victory over the Warriors.
Smith had seven points (3-4 FG, 1-4 FT) and five rebounds in 14 minutes during the Timberwolves' 113-104 win over the Kings on Wednesday.
Smith signed with the Timberwolves for the rest of the season Tuesday, Kent Young blood of the Star Tribune reports.
Smith will sign another 10-day contract with the Timberwolves, Jon Krawczynski of the Associated Press reports.
Smith (toe) is considered probable for Friday's game against the Thunder.
Smith (toe) will be available for Tuesday's game against the Spurs.
Smith is considered questionable for Tuesday's game against the Spurs due to a toe infection, Jerry Zgoda of the Minneapolis Star Tribune reports.
Smith scored six points with four rebounds in 17 minutes in Saturday's win over Brooklyn.