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Ravens waive former first-rounder Perriman

OWINGS MILLS, Md. -- Wide receiver Breshad Perriman, one of the biggest draft busts in Baltimore Ravens history, was waived by the team on Saturday.

This marks the first time in franchise history that the Ravens have parted ways with a first-round pick before his rookie contract expired.

The No. 26 overall pick in 2015, Perriman managed 43 catches for 576 yards and three touchdowns in 27 games. He never eclipsed 65 yards receiving in any game.

The move comes two months after Baltimore had picked up Perriman's $649,485 roster bonus. He has the size and speed to become a playmaking receiver, but he has repeatedly had trouble with injuries and dropped passes.