On February 26, 2008, Smith was traded, along with Jussi Jokinen, Jeff Halpern and a fourth round draft pick in 2009, to the Tampa Bay Lightning in exchange for Brad Richards and Johan Holmqvist.
Smith made his Lightning debut the following night against the Minnesota Wild, stopping 24 of 27 shots in a 3–2 loss.

On March 15, Smith recorded a 3–0 shutout victory over the New York Rangers.
He became only the third rookie goaltender in NHL history to record a shutout for two different teams in the same season, and the first to do so in 79 years.
Smith recorded 14 wins for the Lightning during the 2008–09 season before suffering a concussion that kept him out of action for the remainder of the season.
On February 2, 2011, the Lightning placed Smith on waivers, where he cleared the next day and was subsequently assigned to the Lightning's AHL affiliate, the Norfolk Admirals.
He returned to Tampa Bay later in the season, however, and, backing up Dwayne Roloson during the Lightning's 2011 playoff run, made his playoff debut in place of Roloson in the third period of Game 2 of the Eastern Conference Finals against the Boston Bruins.
On February 26, 2008, Smith was traded, along with Jussi Jokinen, Jeff Halpern and a fourth round draft pick in 2009, to the Tampa Bay Lightning in exchange for Brad Richards and Johan Holmqvist. Smith made his Lightning debut the following night against the Minnesota Wild, stopping 24 of 27 shots in a 3–2 loss.
On March 15, Smith recorded a 3–0 shutout victory over the New York Rangers. He became only the third rookie goaltender in NHL history to record a shutout for two different teams in the same season, and the first to do so in 79 years. Smith recorded 14 wins for the Lightning during the 2008–09 season before suffering a concussion that kept him out of action for the remainder of the season. On February 2, 2011, the Lightning placed Smith on waivers, where he cleared the next day and was subsequently assigned to the Lightning's AHL affiliate, the Norfolk Admirals. He returned to Tampa Bay later in the season, however, and, backing up Dwayne Roloson during the Lightning's 2011 playoff run, made his playoff debut in place of Roloson in the third period of Game 2 of the Eastern Conference Finals against the Boston Bruins.
Mike Smith (ice hockey, born 1982)