Colts released SS Melvin Bullitt. Bullitt, 27, was due a $2.4 million salary. He missed all but two games due to a right shoulder injury last season, and all but four games in 2010 due to another shoulder problem. The Colts have Joe Lefeged, Antoine Bethea, David Caldwell, and three more no-name safeties at the position. Look for Bullitt's market value to be pretty minimal as an unrestricted free agent.