UPDATE: Ray Rice terminated by Ravens, suspended indefinitely by NFL

Photo from the Boston Globe

Per the Baltimore Ravens official Twitter account, the Ravens have terminated Ray Rice's contract. The move comes on the heels of the release of a 2nd video by TMZ showing Rice knocking his then-fiancee out with a punch.

The #Ravens have terminated RB Ray Rice's contract this afternoon.
— Baltimore Ravens (@Ravens) September 8, 2014

With the termination of Rice's contract, he is now a free agent and can be picked up by another team. More to follow as we know more.

UPDATE: Per NFL insider Adam Rapoport, the NFL has now suspended Ray Rice indefinitely. Rice would now have to reapply to be eligible to play.

Commissioner Roger Goodell: Based on the new video evidence that became available today, Ray Rice is indefinitely suspended.

— Ian Rapoport (@RapSheet) September 8, 2014

To play again in @NFL, former #Ravens RB Ray Rice will have to reapply to the league.

— Ian Rapoport (@RapSheet) September 8, 2014