League sources told ESPN and NFL Media that Tennessee has already informed Butler of his release. According to Spotrac, the veteran defensive back would have had a $14.2 million cap number for the 2021 season. His release clears $10.2 million in salary-cap space.
The 31-year-old Butler initially signed a five-year, $61.25 million deal with the Titans in 2018 after spending his first four seasons with the New England Patriots. He signed with the Patriots in 2014 as an undrafted free agent out of Western Alabama.
In three seasons with the Titans, Butler recorded 201 total tackles, nine interceptions, one sack and 35 passes defensed. He finished last season with four picks and a career-best 100 tackles.
Butler, a two-time Super Bowl champion who is best known for intercepting Russell Wilson in the end zone during Super Bowl XLIX, has 17 interceptions and 83 pass breakups in his NFL career. He was a Pro Bowl selection in 2015.
The Titans are now expected to lean on Adoree' Jackson and 2020 second-round pick Kristian Fulton at cornerback in 2021.