Last season, Rice played in just eight games before tearing his ACL, which caused him to miss the remainder of the regular season and Seattle's march to the Super Bowl title.
The 27-year-old Rice played seven seasons in the NFL, four with Minnesota and three with Seattle. He made the Pro Bowl after the 2009 season, in which he caught 83 passes for 1,312 yards and eight touchdowns.
Rice signed with Seattle after the 2010 season, but he was able to play more than nine games in a season just once in three years with the Seahawks. Seattle cut him after their Super Bowl-winning 2013 season, but the team re-signed him in April. He was due a $1 million base salary for 2014.
- Alex Hampl