The Facts: According to PFT's Mike Florio, the Seahawks have released James.

Diehards Line:James rushed for 125 yards on 46 carries, an average of only 2.7 yards per attempt in Seattle. Still, his performance was sufficient to pass Marcus Allen on the all-time rushing list. Currently, James is at No. 10, 33 yards behind Marshall Faulk. Since the trading deadline has passed, James will be required to pass through waivers. He has a base salary of $1 million. If unclaimed, he'll be entitled to collect the balance of base pay ($529,000) as termination pay. It remains to be seen whether James lands with another team this year.