The Buccaneers waived Blankenship on Monday, Field Yates of ESPN reports.
Blankenship was competing with Chase McLaughlin for the Buccaneers' kicking gig and ultimately came up short in the job battle. The 26-year-old most recently suited up for the Cardinals, with whom he appeared in two games during the 2022 campaign after being cut by the Colts following Week 1.