Brooks will now become an unrestricted free agent on March 13.
Brooks, 26, is a former third-round pick of the Ravens back in 2014. Baltimore waived him at the start of the 2016 season and he was later claimed off of waivers by the Eagles.
Brooks was in the final year of his four-year, $2.906 million contract when the Eagles traded him to the Jets for the 2017 season. New York elected to bring him back last year on a two-year contract.
In 2018, Brooks appeared in all 16 games for the Jets and recorded nine tackles, no interceptions and a pass defense.