Simon did not pass his physical over the weekend. He was expected to report to camp on time Sunday but was never seen at Rose Hulman Institute of Technology.
Irsay on Wednesday tried to clarify Simon's status with the team.
"Hopefully, we'll have something worked out with that. I think he may pursue his opportunities somewhere other than here," Irsay said. "I think we may come to an agreement in the next few days and he may pursue other places to play. I think it's better to get it resolved in the next day or two."
"Free agency is really risky and when they came to me with the opportunity I was OK in going for it," Irsay said. "You know the risk is there and it simply didn't work out. But as an owner who pays the checks, winning the Super Bowl is a nice massaging balm cream to ease the pain."