Cowboys Rumors: Jaylon Smith Released, Will Be Owed $7.2M by Dallas

The Dallas Cowboys released veteran linebacker Jaylon Smith, according to ESPN's Adam Schefter.

Schefter noted Dallas is still on the hook for Smith's $7.2 million guaranteed salary this season, and the financial ramifications will linger into 2022.

Spotrac

Wow. Jaylon Smith had 5 years, $50.75M left on his contract.<br><br>His release leaves behind $16.6M of dead cap to the <a href="https://twitter.com/hashtag/Cowboys?src=hash&amp;ref_src=twsrc%5Etfw">#Cowboys</a><br><br>2021: $9.8M ($7.2M cash)<br>2022: $6.8M <a href="https://t.co/rWEOHdkOS4">https://t.co/rWEOHdkOS4</a>

The 26-year-old had 17 tackles through the team's first four games.

This article will be updated to provide more information on this story as it becomes available.