The England international, 26, was strongly linked with both Manchester clubs over the summer but Leicester held out for their valuation.
The Argentina star has already been ruled out of the team's trip to Florida for a one-off friendly against Napoli in Miami on Wednesday.
Dale Steyn’s retirement brought to an end one of the great fast bowling Test careers of the modern era.
Last season's top three in the PSL Mamelodi Sundowns, Orlando Pirates and Bidvest Wits all got their 2019/20 seasons off to the perfect start.
The embarrassing loss completed a chaotic week for South African football with England-born national coach Stuart Baxter quitting two days ago.
Manchester City won the Community Shield with a 5-4 penalty shoot-out win over Liverpool after a 1-1 draw at Wembley on Sunday.
Smith made 142 in Australia's second innings 487-7 declared on Sunday after the star batsman's 144 bailed them out to 284 following a collapse to 122-8 in their first innings.
The decision, taken during a board meeting last week, follows a disastrous South African World Cup campaign in which the Proteas finished seventh of the 10 teams.
The son of seven-time world champion Michael Schumacher on Sunday claimed his first Formula Two victory ahead of the Hungarian Grand Prix.
The Cricket South Africa awards were announced on Saturday.
