Complex sentence: Hogg lost his place in the Hibs team soon afterwards, however, and on 31 January 2011 he signed for Inverness after he was released from his contract by Hibs.
Split into simpler sentences: Hogg lost his place in the Hibs team soon afterwards, however, and on 31 January 2011 he was released from his contract. Hogg signed for Inverness after he was released from his contract by Hibs.