The council axed the bridge - similar to Wilkinson Eyre's Stirling Prize-winning bridge on Tyneside - after costs on the landmark project ( pictured) ballooned £30 million above the original estimate.
Council leader Stephen Purcell told the Scotsman: 'Our plans are to go for a simpler bridge, but still of the same high quality.'
Purcell also explained why contractors had estimated such high costs for the scheme.
He said: 'It's been six years since we started talking about the bridge.'
'In that time the building trade has boomed in Glasgow, and inflation and costs have increased.
'At the same time the cost of steel has risen sharply.'
The move will come as a blow to Rogers at a difficult time. The peer flew to New York last week to explain his disaffiliation from the political group Architects and Planners for Justice in Palestine after a public outcry in the US.
Richard Rogers Partnership and Glasgow City Council were unavailable for comment at the time of going to press.