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Jaguars Release Gabe Davis After One Season, Absorbing $20.3M Cap Hit

The wide receiver's limited production and injury-shortened 2024 season led Jacksonville's new regime to cut ties and focus on younger talent.

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Oct 6, 2024; Jacksonville, Florida, USA; Jacksonville Jaguars wide receiver Gabe Davis (0) runs with the ball against the Indianapolis Colts in the second quarter at EverBank Stadium. Nathan Ray Seebeck-Imagn Images/ File Photo
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Overview

  • Gabe Davis was released by the Jacksonville Jaguars 14 months after signing a three-year, $39 million contract with $24 million guaranteed.
  • The move results in a $20.3 million dead cap hit for the Jaguars, highlighting the financial cost of the decision.
  • Davis played in 10 games during the 2024 season, recording 20 receptions for 239 yards and two touchdowns before suffering a season-ending torn meniscus.
  • Jacksonville's new management prioritized younger receivers, signing Dyami Brown and drafting Travis Hunter with the No. 2 overall pick in 2025.
  • The release is part of a broader roster overhaul under new leadership, which also included moving on from Christian Kirk and Evan Engram.