The Scottish veteran will work with Colorado's Under-18 squad after spending the final five seasons of his career with the club.
The Scottish veteran, who spent the past five seasons with Colorado, announced his retirement Friday and will join the Rapids' academy as a coach primarily working with the club's Under-18 squad.
Smith, 33, made 62 regular season appearances for the Rapids, compiling seven goals and 13 assists and starting Colorado's 2010 MLS Cup win over FC Dallas. After tearing his ACL in the 2011 playoffs, the former Celtic midfielder made just 16 appearances (two starts) over the past two seasons.
"While stepping away from the game as a player is difficult, I'm excited for this new challenge," Smith said in a news release. "I have enjoyed my time in Colorado, and I want to thank all the fans for their support. Winning MLS Cup in 2010 was a highlight of my career, and now I hope I can help develop the next generation of players to win another cup."
FIRE, TIMBERS ADD GOALKEEPING DEPTH
The Chicago Fire and Portland Timbers bolstered their depth between the posts Friday, with the Fire signing former Real Salt Lake shot stopper Kyle Reynish and the Timbers adding journeyman Andrew Weber.
Reynish, 30, following six seasons with RSL (eight MLS appearances) played for the New York Cosmos of the second-tier NASL last season, winning the league's Golden Glove award after recording a 0.92 goals against average during the regular season.
Weber, 30, has played for D.C. United, the San Jose Earthquakes, the Montreal Impact (USL) and the Seattle Sounders during nine professional seasons, logging eight MLS matches.