The Jaguars have made plenty of moves thus far this offseason, signing high quality free agents and letting players walk, most recently longtime Jacksonville TE Marcedes Lewis and WR Allen Hurns. Those two moves came down on Tuesday, and ended up saving the Jaguars around $10 million in cap space. The Jaguars didn't stop there in order to save money. ESPN's Field Yates reports that the Jaguars also worked with LB Telvin Smith to restructure his contract and save more money in cap space:
The move saves them $6 million in cap space for 2018, and makes Smith's cap number hit $12 million a year over the life of his contract, which ends in 2021.