The Jacksonville Jaguars announced on Wednesday that they were releasing wide receiver Gabe Davis, and on Thursday afternoon, that move became official.
Davis was waived with failed physical and post-June 1st designations, according to Aaron Wilson. As it pertains to the post-June 1st designations, that does come with some noteworthy salary cap ramifications for both 2025 and 2026.
Last offseason, Davis signed a three-year, $39 million deal with $24 million guaranteed. By releasing Davis at this point, the Jaguars are taking on a hefty amount of dead cap--which are dollars that have been paid to the player but not yet accounted for on the salary cap--of $20.