After failing to find a team interested in Sidney Jones at the trade deadline, the Seahawks opted to waive him on Tuesday afternoon.
By waiving Sidney Jones the Seahawks create an additional $480,000 of cap space for the remainder of this season, with the potential for that amount to increase, depending on whether another team puts in a waiver claim for Jones. Specifically, once the trade deadline has passed, all players are subject to waivers, meaning that the other 31 teams are now able to put in a claim for Jones’ services should they so desire.
If another team does put in a claim, the new team would take on Jones’ contract and would be liable for the remaining $900,000 he is owed over the final ten weeks of the season. That would, of course, relieve the Seahawks of that liability, and free up an additional $900,000 of cap space. Whether or not the team would be able to recognize the full $900,000 of additional cap space will ultimately depend upon how the team opts to fill the open roster spot created by waiving Jones.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Former Seahawks CB Sidney Jones clears waiversIt is well known by now that after failing to find a partner interested in the services of Sidney Jones enough to make a deal at the NFL trade deadline, the Seattle Seahawks opted to move on from...
Read more »
How 92 minutes show Sidney Jones was a cap casualtyAfter the Seahawks were unable to find a trade partner willing to acquire Sidney Jones, the Seahawks announced his release Tuesday afternoon. johnpgilbertnfl explains how 92 minutes show the move was made for cap purposes.
Read more »
Report: Seahawks promote Bruce Irvin to 53-man rosterAfter failing to find any trade partners at the deadline on Tuesday, the Seattle Seahawks waived cornerback Sidney Jones, creating an open roster spot. Jones, of course, cleared waivers and is a...
Read more »
Seahawks Notebook: Will Dissly NFC Special Teams Player of the WeekWill Dissly named NFC Special Teams Player of the Week, Sidney Jones IV waived, no trades for Seahawks at deadline, DK Metcalf's acting skills pay off, and injury updates. Seahawks Notebook: FOX13
Read more »