Editor's Note: Yes, I realize I'm posting this on day three of free agency, but I had some things going on and wasn't able to finish my post on this important news until today. Better late than never, right?

In a move that will surprise absolutely nobody that watched a Chicago Bears game in 2012, the Bears have released tight end Kellen Davis:

The team has also released another tight end in Matt Spaeth:

These moves come a day after the team signed (a real) tight end Martellus Bennett to a 4-year, $20 million deal.

Kellen Davis was a disaster for the Bears after being handed the starting tight job before the 2011 season. Davis caught just 37 passes over the two seasons, and it felt like he dropped 37 passes as well. And when he actually did catch the ball, he'd either do it while falling down or fall down soon afterward.

Brad Biggs has the details on the financial ramifications of cutting Davis for the Bears:

Davis had a $2.4 million base salary with a $100,000 workout bonus. He would have counted $3.85 million against the cap if on the team and now counts $1.35 million against the cap after being released.

Spaeth on the other hand isn't looked at in a negative light for Bears fans, as he did the job he was signed to do in 2011 after being with the Pittsburgh Steelers. Spaeth was brought in to be a blocking tight end, with the ability to make a catch on occasion, and that's exactly what he did. But, with Bennett now on the team, the Bears don't need Spaeth as much, as Bennett is a tremendous blocker himself and can be on the field for any offensive situation. That's what the Bears get in signing Bennett over, say, Jared Cook, who is really just a pass-catching tight end that doesn't offer the all-around abilities that Bennett does.

Here's Biggs with the financial details on releasing Spaeth:

The Bears also parted ways with their other incumbent tight end, Spaeth confirmed. He had a base salary of $1.025 million with a $500,000 roster bonus and $100,000 workout bonus. He counts $333,334 against the cap after being released.

With Davis and Spaeth gone, you'd have to think the Bears will explore the possibility of using Evan Rodriguez more at tight end after they used him more at fullback in his rookie 2012 season. He was of course drafted as a tight end by Phil Emery in the fourth round of the 2012 NFL Draft. I also think Kyle Adams may stick around for cheap depth (set to make just $555,000 in 2013), and I wouldn't rule out the Bears looking for a tight end in rounds 4-7 of the upcoming draft either. You can (almost surely) forget about the Bears drafting Tyler Eifert at No. 20 now, though. 

Defensive tackle Matt Toeaina will also be released in the coming days, as Emery said himself on Wednesday:

Toeaina, 28, spent the last six seasons with the Bears, appearing in 36 games (with 24 starts) over that time. Toeaina is a solid run-stuffer and will likely find a job without too much trouble as a rotational defensive tackle. He offers very, very little in the pass-rush game though, as he only recorded two sacks in those 36 games.

Biggs reports that the Bears talked to Toeaina's camp about taking a pay cut, but he refused. Here's the financial ramifications of his release for the Bears (information again from Biggs):

He (Toeaina) is due a base salary of $760,000 with a $290,000 roster bonus and $75,000 workout bonus. Releasing Toeaina would save the Bears $1.125 million in cap space as Toeaina would count $500,000 against the cap.

These three players, in my opinion, were the most likely to be released to free up cap space. It's hard to say right now what other Bears players could be released, but don't be surprised if there are some more on the way given the Bears' limited cap space.

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