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Reports- Jaguars releasing Carlos Hyde and Malik Jackson

Florida Football Insiders

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Thomas B. Shea-USA TODAY Sports

As, expected, the Jaguars have to begin to free up salary cap space, and so, on Friday it starting, when reportedly the team will be releasing both RB Carlos Hyde and DT Malik Jackson.

ESPN NFL insider Josina Anderson had the info on Jackson Friday morning:

Then, that was followed a short time later by the NFL Network’s Ian Rapoport reporting that Jacksonville was unable to find a trade partner for Hyde, either and he is being let go.

As we wrote last week, both players were apparently being shopped at the NFL Combine, as Jacksonville has to try to free up salary cap room with Free Agency starting next weekend.

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 will still have $6 million in dead cap with Jackson released, but it obviously saves $9 million either way.

Hyde was owed $4.7 million non-guaranteed for this year. That includes $1.3 million in the form of a roster bonus coming up, that the Jaguars will now not pay.

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 2018 began, then to the Jaguars before the deadline in October, 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 last week, when they restructured the contract of Veteran defensive tackle Marcell Dareus. Dareus 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 more cap room.

The team later released safety Tashaun Gipson on Friday afternoon, as well. That move saving another $6 million under the cap.

The releasing of Jackson, Hyde and Gipson saves approximately $20 million more, as the team looks to pursue former Super Bowl winning Eagles QB Nick Foles upcoming, when free agency starts.

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