There is no question the Jaguars have to free up money upcoming under the salary cap to participate in free agency. And now, it’s apparently clear at least two players that are on the way out at least, at their current price tag.
Jaguars are attempting to trade DT Malik Jackson and RB Carlos Hyde, per league sources, two players that some believe could be productive with the right opportunities. Jacksonville aiming to strike agreements that can be processed when the league year opens March 13.
— Adam Schefter (@AdamSchefter) March 2, 2019
Both of these are logical financial moves right now, for the Jaguars due to the price tag for both players in 2019 and the depth at both of their positions.
Jackson, a Jags staple on the D-line for years, has the higher price tag at $15 million for 2019 in non-guaranteed salary. They would still have $6 million in dead cap if Jackson is traded or released, but it obviously saves $9 million either way.
Amazingly, Hyde’s name is coming up for possible trade or release, again, as he is owed $4.7 million non-guaranteed for this year. That includes $1.3 million in the form of a roster bonus coming up, too.
It’s pretty amazing at Hyde ran very well in San Francisco three seasons again, but now will have now been traded to the Browns before last season, then to the Jaguars before the deadline, and now be gone from Jacksonville, too. Hyde played only sparingly down the stretch of the season, even with Leonard Fournette injured and suspended late in the year.
The Jaguars already began making moves to help the cap earlier this week when they restructured the contract of Veteran defensive tackle Marcell Dareus. Darius received a $5 million signing bonus and the Jags lowered his cap number to just over $2 million range for this year and saving some cap room.
Coach Doug Marrone, who had Dareus playing for him during his years in Buffalo, as a former number 1 pick of the Bills, raved at the Combine Wednesday about having Dareus be part of their defensive unit.
At the same time the veteran Jackson is expendable off the defensive with former number one pick from last year Taven Bryan expected to receive more playing time at a cheaper cost.
The latest projections from the NFL contract website spotrac shows the Jaguars trail only the Philadelphia Eagles in least amount of money to spend for free agency under the cap once things began in approximately two weeks.
So this necessitates that if Jacksonville wants to go after a big free-agent, especially like Eagles quarterback Nick Foles soon, they’re going to have to have significantly more money than just Jackson and Hyde’s salaries to do it
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