Freeman seemed like a good addition for the Bears a few years ago, but it was clear that Chicago was likely going to be moving in a new direction this offseason after he received two separate suspensions.
Freeman, 31, spent four years with the Colts before signing a three-year, $12 million contract with $6 million guaranteed with the Bears in 2016. He was set to make a base salary of $3.5 million for the 2018 season.
According to OverTheCap.com, releasing Freeman will free up $3,460,783 of available cap space while creating $500,000 in dead money.
Freeman served a four-game suspension in 2016 for a performance-enhancing substances violation before receiving a 10-game suspension for another PED violation last year.
In 2017, Freeman appeared in one game and recorded 10 tackles and no sacks.