Jaguars reportedly releasing Malik Jackson Carlos Hyde Tashaun Gipson after trades fail to materialize

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The have begun the cost-cutting maneuvers nece sary to be able to fill out their roster this offseason. Prior to Friday, the Jags had le s than a million dollars in cap room available, per Spotrac, and with holes at quarterback and elsewhere, that was not nearly enough.For the past few weeks they had been trying to find trades for some of their higher-priced players who are no longer high- Henrik Borgstrom Kids Jersey level contributors, but after being unable to find agreeable deals, on Friday they decided to just cut them loose. Among those players is defensive tackle , running back , and safety Tashaun Gipson. I'm told DT Malik Jackson was been informed he will be released as early as today, per source. ig: josinaanderson (@JosinaAnderson) The have released RB Carlos Hyde, source said, a player they acquired via trade last year. Ian Rapoport (@RapSheet) Source says the Jaguars are releasing safety Tashaun Gipson. Dan Graziano (@DanGrazianoESPN) Cutting ties with Jackson knocks his cap hit down from $15 million to just $4 million in dead money, while moving on from Hyde frees up the entirety of his $4.7 million base salary and Gipson's release creates around $7.4 million in additional room. The three moves combined create around $23.1 million in space beyond what the Jaguars already had. That' Micheal Haley Women Jersey s a nice chunk of change, but it's likely that they have several more moves to make to create the kind of space needed to accomplish their goals this offseason.Jackson was three years into a six-year, $85 million pact that contained $42 million in guarantees, and was on the hook for base salaries of $13 million or more in each of the next three years. The Jaguars have incredibly talented players elsewhere on their defense and should be able to withstand the lo Anton Stralman Men Jersey s, but the ceiling of the defense will not be quite as high without him in the mix. Hyde, meanwhile, was acquired last season amid injury i sues in the backfield. He carried 58 times for 189 yards (3.3 per carry) and did not score in eight games with the Keith Yandle Men Jersey team. He was an obvious cut candidate from the moment he was acquired, and that has indeed come to pa s.Gipson was signed to a five-year, $26 million contract as part of Jacksonville's 2016 free-agent splurge, and he's been a regular starter for the past three years. After drafting Ronnie Harrison last year, though, the Jags may feel confident they have a replacement at the position. Al three players should have suitors for their services on the open market, and the fact that they will not count against the compensatory pick calculation could open up suitors that may not be obvious on the surface because of their reluctance to affect said formula.
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