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Former Ohio State Star Kurt Coleman Has Been Released

The opening kickoff takes place between Iowa and Ohio State during the first quarter on September 24, 2005 at Ohio Stadium in Columbus, Ohio.

COLUMBUS, OH - SEPTEMBER 24: The opening kickoff takes place between Iowa and Ohio State during the first quarter on September 24, 2005 at Ohio Stadium in Columbus, Ohio. Ohio State defeated Iowa 31-6. (Photo by Harry How/Getty Images)

A former Ohio State football star received some tough news today. He's being released by his NFL team.

Kurt Coleman, a standout defensive back for the Buckeyes from 2006-09, is being cut by the Carolina Panthers.

NFL Network's Ian Rapoport first reported the news. It's a financial move.

"The Panthers are releasing (safety) Kurt Coleman, I’m told. The veteran leader had a $5.25M cap hit. His release clears space as they go younger," reports Rapoport.

Coleman, 29, has been in the league since 2010. He was a seventh round pick in the 2010 NFL Draft.

The former Buckeyes star was an All-American in his final season at Ohio State. He totaled 68 tackles, five interceptions and three forced fumbles.

Coleman began his NFL career with the Philadelphia Eagles. He was in Philly from 2010-2013.

The former OSU star then played for the Chiefs and the Vikings. He's been with Carolina since 2015.

Coleman will likely have plenty of suitors in free agency.