By Andrew Gould The Cincinnati Bengals officially released cornerback Trae Waynes on Monday. Signed to a three-year deal worth up to $42 million in 2020, the former first-round selection played just five games for the Bengals. After sitting out all of 2020 because of a torn pec, Waynes missed most of 2021 with hamstring injuries. According to Spotrac, the move saves Cincinnati $10.85 million in cap space. Per Pro Football Reference, opponents completed 12 of just 17 targets against Waynes for 161 yards and three touchdowns last season. Although healthy heading into the playoffs, he didn’t reco…