Jaguars clear $30M in space with cuts. MORE:
The Jaguars are expected to use the much-needed cap room to sign a quarterback in free agency next week, possiblyPhiladelphia opted not to use the franchise tag on Foles, allowing him to hit the open market. He could get a deal worth more than $20 million annually.
Jacksonville, however, will have $5.6 million counted against the salary cap from the Jackson and Gipson deals. He notched 105 tackles, 18 sacks, eight pass breakups and four forced fumbles. He came off the bench late last season, a clear indication his future with the franchise was in jeopardy. The 32-year-old Parnell was entering the final year of his contract and was due a $1 million roster bonus on March 17.
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