Here's one of the ones saying he's likely getting released outright if there's no trade...

https://twitter.com/greggabe

Just heard Klis on the radio, and he's saying it may come down to that was well.  They like the young guys, they have some concern about the injury, it saves $4M and opens a roster spot for whatever other signings they're planning after cut-day, etc.  

Sounding like there may really be something to it.