Winfree was waived by the Colts on Saturday, James Boyd of The Athletic reports.
Winfree hadn't appeared in a game in almost a month, so it's no surprise that Indianapolis decided to part ways with the 27-year-old wideout. The fourth-year pro appeared in seven games for the Colts this season, failing to haul in his only target and playing 90 total snaps (21 offensive and 69 on special teams).