3 Jets Cap Casualty Cuts to Save Millions This Offseason
3. Allen Lazard
Receiver Allen Lazard had his worst season as a pro in 2023. There were times were Lazard didn't look interested in being in New York. The Iowa State product was known for his blocking and ability to go up and snag those contested catches. Both of these things were gone in 2023.
Prior to the 2023 season, New York was in dire need of a No. 2 weapon. They also wanted to surround quarterback Aaron Rodgers with some familiar faces. Lazard seemed to fit the bill for both. New York and the 28-year-old agreed on a four-year, $44 million deal, including $22 million guaranteed. That was the most guaranteed money given to any receiver in the free agent market in 2023.
Lazard only managed to record 23 receptions for 311 yards and one touchdown. All of these numbers were his lowest totals since his rookie season in 2018. Add in his constant drops and it was a season to forget for Lazard.
If New York were to move on from Lazard, they would lose over $6.5 million in cap space, but it's better than him taking up a roster spot and trying to earn the remainder of his deal. The team could also make him a post-June 1 cut, which would result in $0 cap space lost but a $12.2 million dead money hit.
Going into a crucial 2024 season, the Jets need to make sure they have capable and reliable pass-catchers to help improve a dormant offense.
They can certainly replace Lazard's production via free agency, trade, or the NFL Draft. At times, it's better to just cut your losses and start fresh. That's something New York should consider over the next few months.
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