The contract includes $1 million guaranteed, per Garafolo, and gives the former first-round pick a chance at a fresh start outside of Cincinnati.
Ross was a healthy scratch for a number of weeks last season and had asked for a trade. However, the Bengals opted to keep him before now allowing him to walk.
Ross, 25, is a former first-round pick of the Bengals back in 2017. He just finished the final year of his four-year rookie contract worth $17.11 million which included a signing bonus of $10.58 million.
Ross was in the final year of his rookie contract in 2020 after Cincinnati declined his fifth-year option.
In 2020, Ross appeared in three games for the Bengals and caught two receptions for 17 yards.