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Titans Waive TE Taylor Thompson

The Tennessee Titans announced Thursday that they’ve placed TE Taylor Thompson on waivers.

Thompson, 25, is a former fifth-round pick of the Titans back in 2012. He has one year remaining on his four-year, $2.3 million rookie contract that included a $198,000 signing bonus.

He stands to make a base salary of $660,000 for the 2015 season.

According to OverTheCap.com, releasing will free up $660,000 in available cap space while creating $49,500 in dead money.

In 2014, Thompson appeared in three games for Tennessee and recorded two receptions for 12 yards receiving and no touchdowns.