The Raiders on Tuesday waived ex-Jets quarterback Christian Hackenberg, according to the NFL's transaction wire, as NFL Network reported.
So what does this mean for the Jets?
Well, they traded Hackenberg to the Raiders earlier in spring practices, in exchange for a conditional seventh-round draft pick. But the conditions of the pick centered on how many games Hackenberg spent on the Raiders' roster.
And since Hackenberg won't spend any games on their roster, the Raiders get to keep that seventh-round pick, and the Jets get nothing for Hackenberg. They essentially cut him, two years after they drafted him in Round 2.