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Jets Release Allen Lazard as Veteran Hits Waivers, Termination Pay Looms

He declined to waive termination pay, leaving New York potentially liable for a six-figure balance.

Overview

  • The Jets granted Lazard's request to part ways after a diminished role, placing him on waivers with free agency to follow if unclaimed.
  • Multiple reports say Lazard did not waive termination pay, positioning him to collect about $291,667 of remaining 2025 salary from the Jets unless a team claims his contract.
  • Lazard, 30, had 10 catches for 70 yards and one touchdown in 10 games this season after agreeing in April to cut his base salary to $2.25 million, with $1.75 million guaranteed.
  • Speculation centers on Pittsburgh and other playoff hopefuls as potential destinations due to Lazard’s past with Aaron Rodgers, though no team has indicated plans to add him.
  • New York’s move aligns with a youth-focused receiver rotation led by Adonai Mitchell and John Metchie III, following weeks of healthy scratches and limited snaps for Lazard.