The Jets will be releasing Rodgers as of Wednesday. The move means the Jets will have to eat $49 million in dead money against their salary cap over the next two years. Since they are designating Rodgers as a post-June 1 cut, they will take a $14 million dead cap hit in 2025 and a larger $35 million dead cap hit in 2026.

The New York Jets are releasing Aaron Rodgers once the 2025 NFL league year officially begins on Wednesday afternoon. Per Adam Schefter of ESPN, the Jets will take on the $49 million in dead money by cutting Rodgers.

Aaron Rodgers' much-hyped but overwhelmingly disappointing two-year tenure with the New York Jets is officially over. The team released the four-time MVP, as expected, and the 41-year-old quarterback can now join another team as a free agent for the first time in his career — if he stills intends to play a 21st NFL season.

Aaron Rodgers was officially released by the New York Jets on Wednesday, and a short queue led by the Pittsburgh Steelers and New York Giants reportedly formed for a chance to sign the 41-year-old quarterback.

Jets General Manager Darren Mougey said at the Scouting Combine that the Jets would likely designate Aaron Rodgers as a post-June 1 cut when they officially removed him from their roster and that move is now set to take place.