INDIANAPOLIS (AP) _ Receiver Flipper Anderson, who played in only two games last season for the Indianapolis Colts after sustaining a knee injury, was waived Saturday.

Anderson signed a two-year contract worth about $4 million last year, but he tore ligaments in his left knee in the second game of the season. He had eight receptions for 111 yards and two touchdowns.

``It's a decision that's made, probably in the best interests of all parties,'' coach Lindy Infante said after the team's first training camp practice for rookies, free agents and selected veterans.

``There's a large amount of money involved.''

As insurance for Anderson, the Colts made Syracuse wide receiver Marvin Harrison their top draft pick. Harrison has not signed and is not yet in camp.

``Age, production relative to the money. There were a lot of reasons that went into the decision,'' Infante said.

Anderson, who played for the Los Angeles Rams his first seven seasons, worked hard following surgery on his knee and said he anticipated playing this season.

``We hope that it works out really good for him and he goes on and has an illustrious career someplace,'' Infante said. ``He was healthy. He felt good about the rehab, and the doctors felt real good about it.

``He'll play somewhere in the National Football League this year. Unfortunately, this game has gotten a lot more complicated because of the salary cap. ... Unfortunately, he just sort of got caught up in that big-business approach to this game.''

Also, the Colts announced that defensive lineman Jason Horn had decided to not report and that tight end Leon Wallace was being released after failing his physical. Horn was signed as a free agent rookie out of Michigan and Wallace was signed as a free agent rookie from Notre Dame.

The team also announced the signing of William Bennett, a rookie defensive back from Northwestern who was a free agent.