According to Gerry Dulac of the Pittsburgh Post-Gazette, the Pittsburgh Steelers are expected to release guard Willie Colon on Wednesday and designate him as a post June 1st release.
The release, which I have speculated would happen for some time now, would clear $5.5 million in cap space come June 2. The Steelers would be required to carry his full cap hit of $7.65 million until that date, however.
The release of Colon, who is reportedly still rehabbing from knee surgery, would give him an opportunity to field offers from other teams immediately while he finishes his rehab.
Colon made the move last off-season from right tackle to left guard after missing all but the first regular season game of the 2011 season after tearing his triceps in the season opener against the Baltimore Ravens.
The Steelers gave Colon a five year, $29 million contract in 2011 after the lockout ended. He has played in just 11 games over the course of the last three seasons due to injuries.