Ian Rapoport of NFL Network reported Freeman's future is "up in the air," noting the team considered trading him before last season's deadline. Atlanta would save $3.5 million on its 2020 cap by releasing Freeman, who is scheduled to make a $6.5 million base salary.
Freeman is coming off arguably the least productive season of his career on a per-touch basis. He compiled 656 yards and two touchdowns on the ground while adding 59 receptions for 410 yards. Continuing to struggle with injuries, Freeman averaged a career-low 3.6 yards per carry. His 6.9 yards per reception were a full-season low.
The Falcons signed Freeman to a five-year, $41.3 million contract extension before the 2017 season. He's due $21 million in base salary over the next three seasons, an exorbitant figure for a player who appears to be best suited for a platoon.
Backup running back Brian Hill also had 78 carries last season.
If the Falcons move on, they could look to add a running back in the draft. Hill did not do much to impress last season in his limited action, and the Falcons have not had a 1,000-yard rusher since Freeman in 2016.
Freeman would likely command attention from teams looking to buy low on a short-term fix as part of a running back by committee, similar to the arrangement Atlanta had with him and Tevin Coleman.