Wright caught 18 passes for 197 yards and made 16 tackles on special teams in his two seasons.
Also Monday, the Bengals officially announced the re-signing of free agent tackle Eric Winston to a one-year contract.
He played in all 16 games last year with two starts and has appeared in 157 games with 125 starts during his 12-year NFL career, the last three of which have been in Cincinnati.
“Eric has played well for us and has been a great veteran for our team chemistry,” Bengals head coach Marvin Lewis said. “We know he will give us another excellent contribution in 2017.”
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