The Jets will be releasing Rodgers as of Wednesday. The move means the Jets will have to eat $49 million in dead money against their salary cap over the next two years. Since they are designating Rodgers as a post-June 1 cut, they will take a $14 million dead cap hit in 2025 and a larger $35 million dead cap hit in 2026.

Aaron Rodgers' much-hyped but overwhelmingly disappointing two-year tenure with the New York Jets is officially over. The team released the four-time MVP, as expected, and the 41-year-old quarterback can now join another team as a free agent for the first time in his career — if he stills intends to play a 21st NFL season.