This news was overshadowed by Michael Sam being cut. 15 year player who played for the Redskins years ago. He made the Pro Bowl team 12 times.
http://espn.go.com/nfl/story/_/id/11437582/champ-bailey-cut-new-orleans-saints
http://espn.go.com/nfl/story/_/id/11437582/champ-bailey-cut-new-orleans-saints