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Yahoo! Reports: Ladell Betts Released

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Hat tip to one of our readers for this one.  

Yahoo! is reporting that Ladell Betts has been released:

Sep 1 Betts was released by the Colts.

Recommendation: He lost the backup job to Jim Sorgi, but could be signed to the practice squad.

In other news, the Redskins have signed LaDainian Tomlinson to a 5-year contract extension.