Arriving as part of a trade deal with the Denver Broncos that saw franchise QB Russell Wilson depart after nine years in the Pacific Northwest, Smith edged fellow new arrival Drew Lock to a starting berth and has excelled in 2022.
A campaign that began with a surprise win against the Broncos has seen Seattle stand 6-3 for the year and top of the NFC West ahead of Sunday's game against the Tampa Bay Buccaneers in Munich.
Smith has been a major part of the Seahawks' success, completing 73.1 per cent of his passes and throwing for 2,199 yards, with the NFL Network's Ian Rapoport stating Seattle are keen to secure him to a new contract.
An offer is yet to be made to Smith, who is a free agent in 2023, but discussions are set to take place following the conclusion of the season – which may be later than was initially expected given the team's surprise playoff push.
Victory against the Bucs on Sunday would extend the Seahawks' win streak to five, with only the Philadelphia Eagles (eight) and Minnesota Vikings (six) on a longer run.