The Facts: Ogletree has been cut according to Mike Florio of Profootballtalk.com.

Diehards Line:Ogletree's stats were third-best on the team as he caught eight passes for 70 yards and one touchdown for the Bucs and actually started one game. As a vested veteran, he immediately becomes a free agent and is entitled to take the balance of his $750,000 salary as termination pay if he chooses to do so. The Bucs will promote Chris Owusu from the practice squad to take Ogletree's place and are expected to re-sign WR Tiquan Underwood, who initially lost his job as the team's No.3 wideout to Ogletree in training camp.