Horsted (undisclosed) was waived from the reserve/PUP list with an injury settlement Friday, Doug Kyed of Pro Football Focus reports.
Horsted was waived Wednesday after a failed physical, then reverted to the PUP list after going unclaimed. Over the past three years, he's appeared in a total of 13 games for the Bears, catching 10 of 13 targets for 108 years and three touchdowns. He'll now look to get healthy and earn another shot within the NFL.