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The Giants signed Smith-Marsette on Monday, Ian Rapoport of NFL Network reports.
Smith-Marsette fell short of making Carolina's initial 53-man roster in late August, but now he's found a spot on the Giants' active roster. The 25-year-old wideout is expected to assume New York's kick- and punt-return duties with Gunner Olszewski (groin) likely missing a couple months.
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