The long-awaited dismissal of Antonio Cromartie is upon us.

NFL Media Insider Ian Rapoport reported the New York Jets will release Cromartie, according to a person who has spoken to the player.

The cornerback tweeted his thanks to the organization and teammates on Sunday.

The Jets made the move official Sunday afternoon. Cromartie said in January that he believed the Jets were poised to release him.

The 29-year-old corner's play fell off a cliff last season. In 2013 he ranked 103 out of 110 corners in Pro Football Focus' cornerback grades. For comparison, Cromartie ranked No. 16 in 2012 by the same system.

Cromartie placed some of the blame for his poor play on injuries he suffered last season.

The corner had a $5 million-plus bonus coming and was set to count almost $15 million against the cap. Cutting him saves the Jets $9.5 million. The sides tried to work out a reduction -- which Cromartie said he was open to -- but a solution couldn't be found, Rapoport reported.

There is still a chance the Jets could bring him back at a cheaper rate after he checks the open market, which is deep at the corner position.

New York is likely in play for one of the higher-end corners left on the market, such as Alterraun Verner, who has already been linked to the Jets in reports.