Austin Collie released from Colts; Dwight Freeney not re-signed to team

INDIANAPOLIS - The Indianapolis Colts have decided not to re-sign linebacker Dwight Freeney. 

Freeney, a seven-time ProBowler and 2005 AFC Defensive Player of the Year, has been with the Colts since 2002.

SLIDESHOW: Dwight Freeney in action

Freeney is the Colts franchise leader in sacks with 107.5 career sacks.

Freeney, the highest paid player in the league, was due to be a free agent by March 12. 

“Few people have meant as much to the success of the Indianapolis Colts as Dwight Freeney,” said Owner and CEO Jim Irsay. “He has been a dominant player, which is all the more impressive considering his size for his position, and he has won a lot of games for this franchise. 

"Dwight was an artist, a joy to watch, and the dedication he put toward his craft was a rare quality. We will miss him, but look forward to his future induction into the Hall of Fame and Colts Ring of Honor.”

Wide receiver Austin Collie has also be released from the team.

Collie joined the team in 2009.

Collie was hampered by a variety of issues, namely in 2010 when he suffered a couple of big hits.
 
This past season, he had an injury to his ACL that cost him the season.
 
All-told, Collie really only played one full season -- his rookie year.

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