Rice was set to count $7.3 million against the cap in 2014 and Bryant would have cost Seattle $5.5 million, so the two moves will save the Seahawks $12.8 million, according to NFL.com.
"We want to thank both Red and Sidney for their effort, commitment & contribution to the Seattle Seahawks over the last few years," Seahawks general manager John Schneider said in a statement. "These are extremely tough decisions, but we wanted to give them a head start on free agency. We wish them well in the future."
Both veterans knew the moves were coming. Rice tweeted goodbye to Seattle on Feb. 21, a full week before he was actually cut.
The number #12 will remain on the left side of my chest no matter what! Grateful for the opportunity to share so many special moments w yall— Sidney Rice (@sidneyrice) February 21, 2014
Rice's final game in a Seahawks uniform came in Week 8, when he suffered a season-ending ACL injury against the Rams. When Rice went down on Oct. 28, he was the team's third leading receiver with 231 yards, trailing Doug Baldwin and Golden Tate, who had 372 and 439 yards at the time. Percy Harvin was still on the physically unable to perform list in Week 8 and had yet to play a game with the Seahawks.
As for Bryant, he was one of only two players left on the Seahawks defense who had been with the team before Pete Carroll's arrival in 2010. With Bryant out, that leaves Brandon Mebane as the only defensive player Carroll and Schneider didn't personally bring in.
Bryant had been in Seattle since the Seahawks selected him in the fourth round of the 2008 NFL Draft.