The Baltimore Ravens have released inside linebacker Daryl Smith, a source told ESPN NFL Insider Adam Schefter on Thursday.
This move frees up $2.625 million of much-needed salary cap room for the Ravens, who are projected to be among the teams with the least amount of space this offseason.
Smith was the team's leading tackler in 2015 but showed signs of slowing down toward the end of the season and started sharing playing time with Zachary Orr.
The 33-year-old Smith had two years remaining on his deal and was scheduled to earn $3.