The Tampa Bay Buccaneers will release running back Leonard Fournette on March 15, when the new league year begins, a source confirmed to ESPN.
The move comes a year after the Buccaneers re-signed Fournette to a three-year, $21 million contract. He has $2 million in guaranteed money on his contract.
The Buccaneers currently are approximately more than $58 million over the salary cap, according to the Roster Management System.
NFL Network first reported the news of Fournette's looming release.
He had 1,191 total yards (668 rushing, 523 receiving) last season in 16 games with six total touchdowns.