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The Buccaneers released Shepard on Monday, Ian Rapoport of NFL Network reports.

Shepard inked a deal with the Buccaneers in June after spending the first eight seasons of his career with the Giants, but it now appears that Tampa Bay has decided to part ways with the veteran wideout. According to Rapoport, the Buccaneers are holding a spot for Shepard on the team's practice squad if the 31-year-old clears waivers.

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