Update: Ray Rice has also been suspended indefinitely by the NFL. Meaning even though he is technically a free agent, he will not be allowed to sign with another team until his suspension is lifted by the league.
Via sources, WFAN radio station, in New York, is reporting suspended Baltimore Ravens running back Ray Rice has had his contract terminated by the team. This is following the TMZ.com release of the security footage of Rice brutally assaulting his wife in a hotel elevator this passed February. Along with a building groundswell of negative response towards the lenient suspension handed down to the player, this looks to be a move the team had to make to avoid further damage to the team and leagues reputation.
The now infamous footage of the altercation can be seen below: