1. NY Jets cut Corey Davis
- Cap Savings: $10.5 million
- Dead Cap: $667k
This is the most obvious cut the Jets can make, and it seems very likely that this is the route they will take. Corey Davis likely isn't long for New York.
The Jets signed Davis to a three-year, $37.5 million contract prior to the 2021 season with the hope that he could fill a role as the team's de facto WR1. Injuries and drops plagued his first year with the Jets as Davis struggled to the worst season of his NFL career.
The addition of Garrett Wilson, along with the emergence of Elijah Moore, meant that Davis was relegated to a WR3 role in the Jets' offense entering 2022, something that many believed would work in his favor.
Unfortunately, Davis once again missed time due to injury and just never produced the way the team hoped he would. In two seasons, Davis has missed 11 games and has just 66 catches, 1,028 yards, and six touchdowns to his name.
The Jets like the fact that Davis is one of the best run-blocking wide receivers in football, and he is genuinely a big part of the team's running game when healthy, but his lack of reliability can't be overlooked either.
The Jets can save $10.5 million by cutting Davis at any point this offseason while taking on less than $1 million in dead cap. It's an obvious move, and one the Jets are expected to make.
The team can look to find Davis' replacement in the offseason, either via free agency (Allen Lazard?) or the draft. Either way, the Jets can do better than Davis for the $11.17 million he's owed in 2023.