ENGLEWOOD, Colo. —The Denver Broncos placed star receiver Rod Smith on the reserve/retired list today.

However, Smith's agent says the 13-year veteran has not necessarily caught his last NFL pass. The move simply gives the Broncos flexibility under the salary cap entering he 2008 season.

Agent Tom Mills told The Associated Press the move was a roster maneuver and Smith granted the team permission to do it.

Smith underwent microfracture hip surgery last February, causing him to miss the 2007 season. He recently had another hip operation.