Says The Athletic:
Jeffery, who turned 30 on Valentine’s Day, is coming off a season in which he averaged a career-low 11.4 yards per reception and had his fewest catches (49) since his rookie year. He was limited to 10 games after suffering a Lisfranc injury that required surgery and puts his offseason in flux. In the drama department, any description of Jeffery’s season would be incomplete without noting that the team’s sideline reporter on its radio broadcast accused Jeffery of being the anonymous source who criticized Wentz in ESPN reports. (Jeffery denied he was the source.)
But he’s not healthy. He’s coming off a subpar season. And he has a salary-cap charge of $15.45 million next season, according to OvertheCap.com. If the Eagles cut Jeffery, it would result in $26.1 million in dead money with no cap savings. So that doesn’t seem to be a viable option unless they just don’t want him in the building anymore (though there’s also the issue of his health).
They could trade him and absorb $16.2 million in dead money, but the injury and contract hurt his trade value. The Eagles could execute a Brock Osweiler-type trade in which they attach a draft pick as a sweetener for another team to take Jeffery. In that scenario, the Eagles would essentially value the nearly $10 million in cap savings from a trade over the draft pick. Bottom line with the salary: If Jeffery is not on the roster in 2020, it shows just how badly the Eagles want him gone. Because they’d be paying an exorbitant cost to move him.