The Bears have informed veteran running back Chester Taylor this morning that he will be released, according to a league source.

The move, which was expected, saves the Bears $1.25 million but it also punctuates another disappointing free agent pick up from 2010. Tight end Brandon Manumaleuna was released before training camp. He completed just one season of a five-year, $15 million contract that guaranteed him $6.1 million.

Taylor signed a four-year, $12.5 million deal that included $7 million in guarantees.

Taylor had the worst season of his career, averaging 2.4 yards per carry in 2010. But, coaches defended Taylor's play and professionalism.

Taylor's agent, Ken Sarnoff, posted on his Twitter account that Kevin Turks, of the Bears personnel department, informed him of the news.