The club has promoted CB Peyton Thompson off the practice squad to the 53-man roster and released WR Bryan Walters.
— Jacksonville Jaguars (@Jaguars) September 19, 2015
Walters, 27, signed a two-year, $1.445 million contract that included $25,000 fully guaranteed with the Jaguars back in March. He was set to make a base salary of $660,000 for the 2015 season.
According to OverTheCap.com, releasing Walters will free up $660,000 in available cap space while creating $25,000 in dead money.
In 2014, appeared in 13 games and caught six passes for 57 yards receiving and no touchdowns.