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The Cardinals waived Dennard (undisclosed) from injured reserve with an injury settlement Thursday, independent NFL journalist Aaron Wilson reports.
Dennard will now be eligible to sign another contract once he's healthy, but he'll need to wait at least three weeks if he wants to re-sign with the Cardinals. The 2014 first-round pick has played just 17 games over the last two seasons, recording 73 tackles, 10 pass breakups and an interception.
