INDIANAPOLIS (AP) — The Colts have announced they will not re-sign veteran wide receiver Reggie Wayne.

Indianapolis' longtime standout has been part of a club-record 143 wins and ranks second in franchise history in receptions (1,070), yards receiving (14,345) and touchdown catches (80). He was Indy's first-round draft pick in 2001 and has never played for another team. But after tearing the ACL in his right knee in October 2013 and injuring his left elbow in October 2014, Wayne didn't look the same.

In a statement issued Friday, general manager Ryan Grigson called Wayne the “catalyst” to the Colts' turnaround.

Team owner Jim Irsay says the decision was made in the “best interests of the team.”

Wayne will become an unrestricted free agent Tuesday.