The Browns waived Toney on Tuesday, Zac Jackson of The Athletic reports.
Toney was signed to the active roster ahead of the Browns' Week 14 loss to the Steelers. During the fourth quarter of the 27-14 loss, Toney picked up a taunting penalty on one punt return and muffed another, events that likely were a factor in the Browns' decision to part ways with the 25-year-old wide receiver. In three games for Cleveland, Toney had one target, two rushes for minus-4 yards and 44 yards in punt returns.