According to Jordan Schultz, the Jaguars are releasing veteran S Rayshawn Jenkins.
The team is in the process of creating extra salary cap space today and Jenkins is the latest cap casualty.
The move will save Jacksonville $5.1 million in cap space and leave behind $7.1 million in dead money, per Over The Cap.
Jenkins, 30, is a former fourth-round pick of the Chargers back in 2017 out of Miami. He played out the final year of his four-year, $3.06 million rookie contract that included a $662,212 signing bonus.
Jenkins was testing the free agent market for the first time in his NFL career when he signed a four-year, $35 million deal with the Jaguars.
He was entering the final year of that deal and set to make a base salary of $8 million in 2024.
In 2023, Jenkins appeared in all 17 games for the Jaguars and recorded 101 total tackles, seven tackles for loss, one sack, two interceptions and nine passes defended.
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