The expectation was that Philadelphia was going to release Jeffery this offseason and likely with a post-June 1 release and Rapoport’s report fits this strategy.
According to OverTheCap.com, releasing Jeffery with a post-June 1 designation will free up $2 million of available cap space while creating $5,590,735 in dead money.
Jeffery, 30, was taken in the second round of the 2012 NFL draft by the Bears. He played out the final year of his four-year, $4.54 million rookie contract with Chicago before agreeing to a one-year, $9.5 million contract with the Eagles in 2017.
He just finished the third year of his four-year, $52 million contract and was set to earn a base salary $12,750,000 in 2021.
In 2020, Jeffery appeared in seven games for the Eagles and caught six passes for 115 yards and a touchdown.