Tampa Bay placed Godwin (knee) on injured reserve Tuesday, Scott Smith of the Buccaneers' official site reports.
Godwin's move to IR was merely procedural after head coach Bruce Arians confirmed Monday that the wideout suffered a torn ACL in addition to an MCL sprain of his right knee in the Buccaneers' Week 15 loss to the Saints. The transaction opens up a spot on the 53-man roster for fellow wideout Antonio Brown (ankle), who returns from a three-game suspension and could absorb a good portion of the 9.1 targets per contest Godwin had averaged through Tampa Bay's first 14 games.