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Rebuilding Rams release WR Holt

Updated: March 14, 2009, 3:09 AM ET
By John Clayton | ESPN.com

After they failed to gain trade value, the Rams announced Friday they have released wide receiver Torry Holt.

Holt had a $1.25 million roster bonus due March 17, and the Rams didn't plan to keep him at his $8 million salary. As they did earlier this week with left tackle Orlando Pace, the Rams parted ways with Holt.

"The Rams will forever be grateful for the way Torry Holt represented the Rams on the field and in the community," Rams owner Chip Rosenbloom said. "He is an All ...

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