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Gresham will be released by the Cardinals later this week, Adam Schefter of ESPN reports.

Gresham has two seasons remaining on a four-year, $28 million contract that arguably makes him the most overpaid tight end in the league. He still has some value as a blocker, but he's averaged just 17.8 yards per game in 58 appearances for the Cardinals. The 30-year-old may have to settle for a backup role once he hits the open market, while Arizona will move forward with Charles Clay and Ricky Seals-Jones at tight end.

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