The Bears released receiver Earl Bennett on Tuesday, Rich Campbell of the Chicago Tribune reports. He recently declined a pay cut, a person with knowledge of the situation confirmed.
Releasing Bennett creates $2.45 million of space under the salary cap for 2014. He was scheduled to earn $2.35 million and a $100,000 workout bonus this season, which was the final year of his deal. The source requested anonymity because the team had not publicized the move.
Bennett, the Bears' third-round pick in 2008, had 32 catches for 243 yards and four touchdowns last season. He accepted a pay cut before the regular season with the chance to earn back the $1 million base salary reduction through perfomance bonuses for receptions. He ended up earning half of it.
Don't forget to follow us on Twitter at http://twitter.com/theredzoneorg
Like us on Facebook at http://facebook.com/Theredzone.org