The Tampa Bay Buccaneers are waiving cornerback Johnthan Banks, according to Ian Rapoport and every other report out there, presumably to make room for running back Mike James, who was reported to have reached an agreement with the Bucs earlier today. James will presumably replace Jacquizz Rodgers, who suffered an ankle injury against the Oakland Raiders.
Banks was a second-round pick for the Bucs in 2013, the year they traded away their first-round pick for Darrelle Revis, who they cut just one season later. The cornerback had a pretty decent start to his career, starting 30 games in his first two seasons at an up-and-down level, with extended periods of promising play.