Smith joins a roster with plenty of competition for the starting spot. Mark Sanchez, Tim Tebow and Greg McElroy spent time at the position last season, and David Garrard was signed in the offseason as another potential option.
However, the rookie will be the best of the bunch and should quickly become the quarterback of the present and future for this struggling team.
Despite the fact that Smith compared negatively to the top quarterbacks in last year's draft, he was arguably the best player at the position in the 2013 class. He led the nation with 42 touchdowns during his senior season at West Virginia and often proved his ability to be a solid player at the next level.
The quarterback displayed great decision-making last season, totaling only six interceptions in 518 pass attempts. Comparatively, EJ Manuel threw 10 picks in 387 attempts before being selected in the first round by the Buffalo Bills. Matt Barkley and Mike Glennon each threw over 15 interceptions.
In addition, he showed excellent accuracy, completing 71.2 percent of his passes last season.
Passing accuracy was a huge problem for the Jets last season, as Sanchez only completed 54.3 percent of his throws. Tebow was not given much of a chance to prove his value, but he completed less than half of his passes in his one full season as a starter with the Denver Broncos.
In reality, there was not much to be proud of from the quarterback position in New York last season. Sanchez finished second-to-last in the league in passer rating, while Tebow was obviously even worse in practice to never earn a start.
Both players remain on the roster and plan to compete for a job heading into next year, but neither has shown what it takes to be a quality starter in the NFL.
While Garrard has been productive at times in his career, he has not played a snap in the NFL since the 2010 season, and there is likely to be a great deal of rust for the 35-year-old veteran.
Smith was brought in with a second-round pick because the organization knows that none of these players are the answer for the future. The former Mountaineers star will get his opportunity to showcase his talent and soon.
He also can provide an extra dimension for the team with his ability to run the football. He did not leave the pocket much in college, but he showed his great speed at the NFL Scouting Combine when he ran a 40-yard dash in 4.59 seconds, leading all quarterbacks.
In the new age of mobile quarterbacks in the NFL, Smith can bring the Jets that dual-threat ability to help one of the worst offenses in the league get much better.
Many teams were scared about drafting Smith in the first round due to his lack of elite arm strength and natural throwing ability. However, it does not matter where he was taken in the draft; the only important thing is the future.
The incoming rookie is the best quarterback currently on the roster, and he should get his chance to shine early on his career.