Wright sustained a torn ACL during the Lions' offseason program, which spurred the team to release him Thursday, The Detroit News reports.
After clearing waivers Tuesday, the Lions placed the tight end on injured reserve, thus retaining his rights while he spends the next year or so in rehabilitation. In three professional seasons with a trio of organizations, the hybrid wideout/tight end has totaled 89 catches (on 125 targets) for 907 yards and 13 touchdowns in 41 games.