The Jets will cut Pro Bowl left guard Alan Faneca, a source close to the situation told the Star-Ledger.
The team is expected to make a formal announcement on Monday.
Faneca was reported to be on the trading block for weeks, but New York couldn't find any takers.
He was scheduled to make $7.5 million this season, of which $5.25 million is guaranteed.
Jets To Cut Alan Faneca