Adam Schefter has reported that the New York Jets are officially releasing Aaron Rodgers today. According to this tweet by Schefter, things break down this way.
Now official: Jets are releasing Aaron Rodgers after 4 pm today. The Jets will take on $49M in dead money by releasing Rodgers. He’s being designated as a post-June 1 cut, meaning they’ll carry his $21M cap hit until June 1, when it drops to $14M—saving $7M. But they then will absorb a $35M dead cap hit in 2026.
Jets To Release Aaron Rodgers, Taking on $49 Million in Dead Money
The Aaron Rodgers era in New York is over.