Colledge tweeted a good-bye to Cardinals fans on Saturday evening and confirmed it later.
“They want to go young and cheaper,” Colledge told azcentral.com "You always hope there is an option to restructure. This is what you sign up for. Very few guys get the chance to leave on their own terms."
By waiting until Tuesday, the Cardinals can spread the cap charge of releasing Colledge over two years.
Arizona has to account for a total of $4.55 million. The Cardinals cleared an additional $4.475 million of cap space this year, but they won’t see that until after June 1. Until then, they must count Colledge’s entire $7.75 million charge against the 2014 salary cap. Entering the week, the Red Birds reportedly were about $18 million under under the cap of $133 million.
Colledge signed with the Cardinals as a free agent in 2011 and started every game in his three years with the squad.
“I’m 32 now, not 23,” Colledge said. “They have great talent in Cooper and Earl.”
Cooper, the seventh overall pick in the 2013 NFL Draft, is expected to start at left guard. He missed his rookie season after suffering a fractured leg in the preseason.
Watford, a fourth-round selection last year, will compete for the job on the right side. The Red Birds could have as many as four new starters on their offensive line in 2014, with only center Lyle Sendlein returning in the same slot.
The Cards are pursuing a left tackle in free agency, with the Chiefs’ Branden Albert, the Ravens’ Eugene Monroe, the Bengals’ Anthony Collins and the Raiders’ Jared Veldheer believed to be possibilities.
Eric Winston, who started at right tackle last season, is an unrestricted free agent presently.
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