Jacoby just released.

[B-more Ravor]

The post-June 1 designation has to be made at the time of the release.  If not done then, it can't be done later.

[rmcjacket23]

The post-June 1 designation has to be made at the time of the release.  If not done then, it can't be done later.

Correct, we just aren't sure if that's been done yet or has been reported yet, since its still about an hour later.

 

I suspect he won't be designated that way though.

[Moderator 3]

Wondering if there were discussions and Jacoby chose to be "set free".

[GrimCoconut]

Guessing now it's just Ozzie trying to set Jacoby up for success with his next team by giving him most time possible

This is the answer right here explaining why the cut came now. The brass went to Florida, discussed the team, realized they will cut Jones and stayed classy by cutting him now so he could sign before free agency.

[arnie_uk]

Correct, we just aren't sure if that's been done yet or has been reported yet, since its still about an hour later.

I suspect he won't be designated that way though.

he wasn't looking your approval, he's the cap guru

[B-more Ravor]

FWIW, the terminology used by Ravens in announcing release of Jacoby was "terminated", which leads me to believe that this is an immediate pre-June 1 release (meaning only $750K in savings, $2.625M in dead money in 2015, no dead money in 2016). 

 

Had it said "will release" or "to be released" would have been more likely that it would have been a post-June 1 release designation.

[cobrajet]

maybe they are trying to get the Torrey deal done asap and the jones's contract would free up what was needed to get done?

 

anyways, thanks Jacoby. but its Campanaro time

Yes! I can't wait to see Campanaro as a returner! I just have a gut feeling he is going to be something special.

[GrimCoconut]

FWIW, the terminology used by Ravens in announcing release of Jacoby was "terminated", which leads me to believe that this is an immediate pre-June 1 release (meaning only $750K in savings, $2.625M in dead money in 2015, no dead money in 2016).

Had it said "will release" or "to be released" would have been more likely that it would have been a post-June 1 release designation.

Yeah, I agree. We're probably trying to keep our cap next year free of a lot of dead money.

[cobrajet]

This is the answer right here explaining why the cut came now. The brass went to Florida, discussed the team, realized they will cut Jones and stayed classy by cutting him now so he could sign before free agency.

I believe you and codizzle are probably correct. Ozzie is very respectful to our players.

[berad]

Glowing words from Harbaugh and Newsome. Uncommon to have them both come out and say stuff like this, speaks to the guy Jacoby was on the field and off.

 

Bittersweet to see him go, had to be done though. His returns were becoming less effective, he was making poor choices, the fumbles, and total regression as a receiver. I'll never forget the Mile-High Miracle, SB plays, Minnesota game, etc, etc

[The Raven]

I appreciate Jacoby for his personality, his fun approach to the game, and his splash play potential. Just wish he could have turned into the every down receiver I hoped he could be. Good luck Jacoby.

[arnie_uk]

He hasn't been the same since that injury against denver week 1 season before last

[lgcs27288]

Thank you Jacoby! Without you we would not have won that Super Bowl! Your "Mile High Miracle" catch will go down as one of the greatest in franchise history and NFL history. Let's not forget that kickoff td in the SB either!

 

You da man JJ!!!

[sflegend89]

Wondering if there were discussions and Jacoby chose to be "set free".

 

I don't think so. It was very much so a move in Ozzie's typical M.O.

 

1. Diminishing returns for the contract he was given

2. Downward trending production as a returner

3. Complete non-factor on offense

4. Just turned 30, has already plateaued as a player

5. Opens up some cap room and a roster spot 

[salamander]

Jacoby was 1 of my favorite personalities on the team. Jacoby also gave us a chance to make the Super Bowl and without his td kickoff return, we would not have won the Super Bowl. Thanks Jacoby. Will miss you.

[K-Dog]

Disappointed on my levels, but this makes a ton of sense and really don't hirt too bad.

Jacoby will always be one of my favorite RAVENS.

[52520Andrew]

Good luck to him, was huge for us in the Super Bowl

[1/28/01]

Thanks, JJ! We owe a lot to you for the 2012 run!!

[Ravenseconbeast]

Definitely bittersweet.

I Dont see anyone topping what Jacoby has done for us in KR/PR for a long time.

I wish him the best of luck..

[AsianRice]

I did post my appreciation for Jacoby on the Ravens main page, but I'll post it again that I thank Jacoby for the help of 2012 SB championship.

 

I will never forget his legacy in the Baltimore Ravens...truly missed....

[izvoodoo]

Remember that ball he caught against Denver?  I remember, and I'll never forget.

[JoeyFlex5]

I mean, I get there is a business side to it... but daaamn, I love Jacoby and I sure will miss him, even though he had a down year as a receiver...

 

And you guys, who are discussing the cap hit & savings... do you really think you have better insight on the matter than Ozzie has?

facts are facts, he has no more insight than we do, ozzie sees the same cap figures as us. the facts are, we can cut him now for minimal savings, or cut him after june 1st for much more savings. 

 

you can still designate him a post june 1st cut and see the savings later on, but we would have to essentially act on that now. 

 

it has nothing to do with insight on the cap, we freed up 750k now, probably the rest of the savings after june 1st, and allow him to get into the FA frenzy and hopefully get a better deal than he would have if he was cut in the summer.

[TDubbs]

it has nothing to do with insight on the cap, we freed up 750k now, probably the rest of the savings after june 1st, and allow him to get into the FA frenzy and hopefully get a better deal than he would have if he was cut in the summer.

 

I think that is a factor. We'll get our post June 1st savings, but out of respect for Jacoby and what he did for us he now gets a better shot at FA. 

[rmcjacket23]

I think that is a factor. We'll get our post June 1st savings, but out of respect for Jacoby and what he did for us he now gets a better shot at FA. 

Yes, but you can still release a player now and designate him as a post June 1 cut. You don't have to actually wait until June to cut the player.

[dirtybird10]

And so the offseason officially begins in my books

Press conference done and it all begins

Wouldn't have won it all without you Jacoby. You're a part of one of the best Ravens plays of all time.

 

Part of a couple best plays in Ravens history IMO. Mile high Miracle, 108 kickoff return, and the TD catch in the Superbowl, all were awesome and had an extreme impact on our superbowl winning run.

[Tru11]

I really doubt we will see a post june 1 cut this season since we want as less dead money as we can next season when flacco salary goes up.

[JO_75]

Hate to see him go but at $3.3M it was just the 80/20 rule. We have guys on the team(Asa, Camp, etc) who can return as well as Jacoby for less.

I'm thinking Torrey stays now.

[Pirate88]

maybe they are trying to get the Torrey deal done asap and the jones's contract would free up what was needed to get done?

anyways, thanks Jacoby. but its Campanaro time

The Jacoby cut is not to get a deal done with Torrey in my opinion. He turned down a deal they should never have offered him to begin with. I don't think they are trying to make space to up the offer with Torrey. Paying Torrey all that $$ would be ludicrous. It was envious enough watching all those rookie WRs outperform Torrey by a mile. Watching countless rookies outperform Torrey while he is making $7-$8mil a year would FLAT OUT .....!! And watching rookies outplay him a big contract to Torrey would be a lightning rod for criticism!! Let's hope the initial offer to Torrey was a balk. I'm sure its to make room for free agency activity when it begins. For the record I'm not really for resigning Ngata unless he takes an impressive home town discount on the level of Tom Brady. Quite seriously, I'm not in favor, at all of all this $$ webbed into all these players on the wrong side of 30!! They won't make a splash free agent signing, trade or trade up for a young game changer at a position of need. And the reason they give for that is they are looking towards long term success and don't want to overextended on the salary cap in the name of longterm success. Yet all this $$ is going to be tilted in all these defensive players over 30!! Suggs Dumervil Daryl Smith and N'gata. That's a lot of players voids that need to be replaced at one time when they fall of their horses. Where is the pressure on the QB coming from when Suggs and Dumervil slow down. Upshaw?? And whichever else edge rusher happens to fall to them in the draft the way Upshaw did.

I would like to see the ravens to explore what they could get for N'gata. Since we are paying half his salary his new team could negotiate a contract with him and wouldn't owe him any previous $$ whatever his new contract will be is all he would count against their cap. So if they give him a new contract his cap hit with him will be minimal next year cuz they don't owe him any previous $$. So he would be cheaper for them than the ravens. They would be getting Haloti N'gata who is a proven elite DT for a Round3 draft pick and a cap hit bargain on his new contract.

[rmcjacket23]

The Jacoby cut is not to get a deal done with Torrey in my opinion. He turned down a deal they should never have offered him to begin with. I don't think they are trying to make space to up the offer to get a deal done with him. Let's hope the initial offer to Torrey was a balk. I'm sure its to make room for free agency activity when it begins. For the record I'm not really for resigning Ngata unless he takes an impressive home town discount on the level of Tom Brady. Quite seriously, I'm not in favor, at all of all this $$ webbed into all these players on the wrong side of 30!! They won't make a splash free agent signing, trade or trade up for a young game changer at a position of need. And the reason they give for that is they are looking towards long term success and don't want to overextended on the salary cap in the name of longterm success. Yet all this $$ is going to be tilted in all these defensive players over 30!! Suggs Dumervil Daryl Smith and N'gata. That's a lot of players voids that need to be replaced at one time when they fall of their horses. Where is the pressure on the QB coming from when Suggs and Dumervil slow down. Upshaw?? And whichever else edge rusher happens to fall to them in the draft the way Upshaw did.

I would like to see the ravens to explore what they could get for N'gata. Since we are paying half his salary his new team could negotiate a contract with him and wouldn't owe him any previous $$ whatever his new contract will be is all he would count against their cap. So if they give him a new contract his cap hit with him will be minimal next year cuz they don't owe him any previous $$. So he would be cheaper for them than the ravens. They would be getting Haloti N'gata who is a proven elite DT for a Round3 draft pick and a cap hit bargain on his new contract.

Couple of problems I have with this...

 

1. Tom Brady never took a "hometown discount". That's a myth that is been debunked several times already.

 

2. I have no doubt that the offer we made to Torrey was valid, and I'd bet it still stands. That's a reasonable price to pay for what he brings. If he leaves, its because somebody gave him more, not because we retracted our offer.

 

3. If Suggs and Dumervil start to slow down, then you go draft another pass rusher or sign one in FA (Suggs was a draft pick, Dumervil was a FA signing). A draft pick wouldn't cost much money, so that's not an issue. Upshaw was never drafted to be a pass rusher... he's done the job he was drafted to do, which was fill the JJ role as a run stopping OLB.

 

4. I think Ngata has almost zero trade value, and I think you know that. Any team that wanted to trade for him would know that the ONLY reason we are trying to deal him is because we are going to cut him if we don't trade him (see Boldin, Anquan). AND, any team trading for him would almost certainly sign him to an extension upon doing so, so they really won't save that much money by doing it. And I incredibly doubt that any team would reasonably give up a 3rd round draft pick for a 30+ year old DT AND pay him $8-10M a year probably.

[BOLDnPurPnBlacK]

Thank you Jacoby, you will always be a Raven in my mind.

 

I expected this but thought it would be post June 1, which could technically still happen. While they save less by cutting him now, my guess is it has something to do with one of the current negotiations - probably Torrey. Even though it's not much this may allow the FO to offer Torrey an extra million this year.

 

If they were close in the negotiations, only a million apart, it would help make sense of this in that they needed a sure fire quick way to free up a million in cap space.