The Cleveland Browns released veteran outside linebacker Jamie Collins in a cost-cutting move on Wednesday.

Multiple outlets reported that the Browns were unable to find a trading partner for the 29-year-old former Pro Bowler, who was due to make $10 million this season.

NFL Network said the move represents a cap savings of $9.25 million for Cleveland.

The Browns now have more than $80 million in 2019 cap space, according to the NFL Network's Tom Pellisero, the third-highest total in the league behind the New York Jets and Indianapolis Colts, who each have more than $100 million in cap room.

"We want to thank Jamie for his contributions to the Cleveland Browns," general manager John Dorsey said in a statement. "These types of decisions are never easy. Jamie is a respected veteran player in this league and we wish him the best as he continues his career."

Collins started all 16 games and led the Browns with 104 tackles in 2018, adding four sacks, one fumble recovery and one interception.

Thanks for everything @Browns (https://twitter.com/Browns?ref_src=twsrc%5Etfw) ??

A second-round pick by New England in 2013, Collins made the Pro Bowl in 2015 and played in 50 games with the Patriots before being dealt to Cleveland at the 2016 trade deadline.

He signed a four-year, $50 million extension with Cleveland in January 2017.

--Field Level Media