Wake, 38, wound up going undrafted out of Penn State back in 2005. He later signed on with the Giants but was released a few months later.
After two years in the CFL, the Dolphins signed him to a contract for the 2009 season. Wake played out the final year of his two-year, $19 million contract before agreeing to a three-year, $23 million contract that included $10 million guaranteed with the Titans last year.
According to OverTheCap.com, releasing Wake will free up $5,588,541 of available cap space while creating $2,666,667 in dead money.
In 2019, Wake appeared in nine games for the Titans and recorded four tackles, 2.5 sacks and a pass defense.
Lewis, 29, is a former fifth-round pick of the Eagles back in 2011. After two years in Philadelphia, Lewis was traded to the Browns in return for Emmanuel Acho. He had a brief stint with the Colts before signing a future/reserve contract with the Patriots in 2015.
After completing a three-year, $3.1 million contract with the Patriots, Lewis signed a four-year deal worth $20 million with $11.5 million guaranteed with the Titans.
Per Over The Cap, releasing Lewis saves the Titans a little over $4 million in cap space while incurring a dead cap charge of $1.125 million.
In 2019, Lewis appeared in all 16 games for the Titans and recorded 54 rushing attempts for 209 yards (3.9 YPC) to go along with 25 receptions for 164 yards (6.6 YPC) and one touchdown.