Rinse and soak black-eyed peas overnight.
In a large pot, cook the diced bacon over medium heat until crispy.
Add the chopped onion to the pot and cook until translucent.
Stir in the minced garlic and cook for another minute.
Add the sausage slices, stirring to combine and heating through.
Pour in the soaked black-eyed peas and chicken broth, and add the bay leaf and smoked paprika.
Bring the mixture to a boil and then reduce to a simmer.
Cover and simmer for about 45 minutes, stirring occasionally, until peas are tender.
Season with salt and pepper to taste, adjusting as needed before serving.
Remove the bay leaf and serve warm.