Tony Moeaki’s time with the Chiefs has officially come to an end.

Jack Bechta, the agent for the 26-year-old tight end, confirmed a report via Twitter that the Chiefs have reached an injury settlement with Moeaki and will waive him from injured reserve, allowing him to become a free agent.

Moeaki, a third-round pick in 2010, caught 47 passes for 556 yards and three touchdowns as a rookie, but missed all of 2011 because of a knee injury.