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Colts Waive LB Deiontrez Mount From I.R. With Settlement

The Indianapolis Colts officially waived LB Deiontrez Mount from injured reserve with a settlement on Friday.

Mount, 24, is a former sixth-round pick by the Titans of the 2015 NFL draft. He was in the final year of his four-year, $2.428 million rookie contract and set to make a base salary of $525,000 when the Titans cut him loose coming out of the preseason last year.

The Colts signed Mount to their practice squad a few weeks into the regular season and was later promoted to their active roster. Unfortunately, Indianapolis recently waived him with an injury settlement.