The Jacksonville Jaguars have released Zay Jones, less than a week after drafting a wide receiver in the first round of the NFL Draft.

The Jaguars save $4.49 million against the salary cap by releasing Jones, who signed a three-year contract in March 2022. Jacksonville also released kicker Joey Slye.

The Jaguars drafted LSU receiver Brian Thomas, Jr. with the 23rd overall pick Thursday. 

The Jacksonville Jaguars will not pick up the fifth-year option on Mac Jones this offseason.

Jones was acquired from the New England Patriots to serve as a backup to Trevor Lawrence. Jones will compete for the backup job with C.J. Beathard. 

After not playing this past season, Jarvis Landry will participate in rookie minicamp with the Jacksonville Jaguars.

Landry, 31, last played in an NFL game on Dec. 18, 2022, with the New Orleans Saints before being placed on injured reserve with an ankle injury. 

He'll be participating in the Jaguars' May 10-11 rookie minicamp as a tryout player.

Landry has 713 career catches for 7,870 yards and 38 touchdowns in nine NFL seasons. 

The Chicago Bears led off the 2024 NFL Draft by selecting Caleb Williams out of USC as expected with the Washington Commanders taking Jayden Daniels at No. 2 and the New England Patriots also taking a quarterback at No. 3 in Drake Maye.

There were a NFL draft record 23 offensive players selected in the first round:

• Six Quarterbacks

• Seven Wide Receivers

• Nine Offensive Linemen

• One Tight End

2024 NFL Draft Results (First Round)

1. Chicago Bears: Caleb Williams, QB, USC

2. Washington Commanders: Jayden Daniels, QB, LSU

3. New England Patriots: Drake Maye, QB, North Carolina

4. Arizona Cardinals: Marvin Harrison Jr., WR, Ohio State

5. Los Angeles Chargers: Joe Alt, OT, Notre Dame

6. New York Giants: Malik Nabers, WR, LSU

7. Tennessee Titans: JC Latham, OT, Alabama

8. Atlanta Falcons: Michael Penix Jr., QB, Washington

9. Chicago Bears: Rome Odense, WR, Washington

10. Minnesota Vikings: J.J. McCarthy, QB, Michigan

11. New York Jets: Olu Fashanu, OT, Penn State

12. Denver Broncos: Bo Nix, QB, Oregon

13. Las Vegas Raiders: Brock Browers, TE, Georgia

14. New Orleans Saints: Taliese Fuaga, OT, Oregon State

15. Indianapolis Colts: Laiatu Latu, Edge, UCLA

16. Seattle Seahawks: Byron Murphy II, DT, Texas

17. Minnesota Vikings: Dallas Turner, Edge, Alabama

18. Cincinnati Bengals: Amarius Mims, OT, Georgia

19. Los Angeles Rams: Jared Verse, Edge, Florida State

20. Pittsburgh Steelers: Troy Fautanu, OG, Washington

21. Miami Dolphins: Chop Robinson, Edge, Penn State

22. Philadelphia Eagles: Quinyon Mitchell, CB, Toledo

23. Jacksonville Jaguars: Brian Thomas Jr., WR, LSU

24. Detroit Lions: Terrion Arnold, CB, Alabama

25. Green Bay Packers: Jordan Morgan, OT, Arizona

26. Tampa Bay Buccaneers: Graham Barton, C, Duke

27. Arizona Cardinals: Darius Robinson, Edge, Missouri

28. Kansas City Chiefs: Xavier Worthy, WR, Texas

29. Dallas Cowboys: Tyler Guyton, OT, Oklahoma

30. Baltimore Ravens: Nate Wiggins, CB, Clemson

31. San Francisco 49ers: Ricky Pearsall, WR, Florida

32. Carolina Panthers: Xavier Legette, WR, South Carolina

Trevor Lawrence and the Jacksonville Jaguars are in discussions on a contract extension as he is between his third and fourth NFL season.

NFL rules allow Lawrence to sign an extension after his third season. He signed a fully guaranteed fourth-year contract worth $36,793,592 after the Jaguars selected him first overall in 2021. 

"There's definitely been some conversations," Lawrence said Tuesday. "As far as where that's at now, it's not really my focus. I'd love to obviously be a Jag for as long as possible. We love it here, and I love where we're headed as an organization.

"I feel like I'm just getting better every year and my best ball's definitely ahead of me."

The Jacksonville Jaguars have agreed to a five-year, $150 million contract with pass rusher Josh Allen, according to sources.

The deal includes $88 million in guaranteed money.

Allen received the franchise tag from the Jaguars and was set to make $24 million in 2024 if he played on that tender.

The Jaguars picked Allen seventh overall in 2019.

The Jacksonville Jaguars have signed Foyesade Oluokun to a three-year extension worth $45 million with a max value of up to $48 million and includes $22.5 million guaranteed.

Oluokun was entering the final season of the three-year, $45 million ($28 million) contract he signed with the Jaguars in March of 2022. 

Oluokun has led the NFL in tackles in two of the past three seasons (2021 with Atlanta and 2022 with the Jaguars) and has the most tackles of any player from 2021-23 (549). 

Wide receiver Calvin Ridley is signing a four-year, $92 million contract, including $50 million guaranteed, with the Tennessee Titans, agents David Mulugheta and Reza Hesam told ESPN's Adam Schefter on Wednesday.

Ridley joins DeAndre Hopkins and Treylon Burks as the top pass catchers for second-year quarterback Will Levis.

After he had the third-most offensive touches in the NFL this past season, the Jacksonville Jaguars could limit Travis Etienne in 2024.

Etienne posted 849 of his 1,484 yards from scrimmage and eight of his 12 touchdowns in the first eight games of the season, so it's logical that he wore down at the end of the year.

During an interview with Matthew Berry of NBC Sports, Doug Pederson was asked about Etienne's usage.

"I think it's a little bit of everything," Pederson said. "He was getting it done. D'Ernest Johnson got hurt a little bit in there, and then Tank [Bigsby] was a rookie and learning and coming on. We really like Tank and he'll have a bigger impact for us this year for us. It's not the recipe, necessarily, to put Travis in that situation. So I would consider knocking a few of those reps down to keep him healthy throughout the course of the year."

It will cost the Jacksonville Jaguars more than just money and cap space if they re-sign Calvin Ridley this offseason.

Per the terms of the trade that sent Ridley from the Atlanta Falcons to the Jaguars, if Ridley re-signs with the Jaguars, the Falcons get the Jaguars' 2024 second-round draft pick.

If Ridley does not re-sign with the Jaguars, the Falcons get the Jaguars' 2024 third-round draft pick.

When the trade was first announced, it was called a conditional fourth-round pick in 2024 that the Jaguars would send the Falcons. That has already been moved up to a third-round pick because of Ridley's 2023 production.