The Jaguars have waived receiver Matt Jones, parting ways with the former first-round draft pick after his latest arrest, according to an Associated Press report on Monday.

Torry Holt was released by the St. Louis Rams on Friday. Holt, 32, was due a roster bonus of $1.25 million on Tuesday. He had one year left on his contract, and his release will save the team $8 million this season: $6.65 million in base salary, a $100,000 offseason workout bonus, plus the roster bonus.