Linebacker D.J. Williams and quarterback Caleb Hanie were released by the Denver Broncos.
Williams, 32, had a base salary of $6 million and a salary cap figure of $8.08 million for 2013.
"We appreciate the contributions made by D.J. Williams during his time with the Broncos," Broncos executive vice president John Elway said. "He was a solid player with this team for a number of years, showing a lot of versatility at linebacker. Our organization wishes D.J. all the best going forward."
The move goes beyond cap savings. Williams became a role player last season and there were clear signs that he slowed down.
Williams has also had off-the-field issues that might make him less attractive to other NFL teams in free agency.
Williams still counts about $2.1 million against the Broncos' salary cap in 2013.
He was a first-round pick (17th overall) in 2004 out of Miami (Fla.).