The Jaguars are not in a position to afford a franchise quarterback, according to multiple sources with knowledge of the situation.
A second source told The Associated Press the Jaguars are looking for a veteran to fill the void left by injured starter Chad Henne, and one of the most likely candidates is the former first-round pick who threw for 9,097 yards with 25 touchdowns and seven interceptions in 2016.
The Jaguars have a $4.7 million cap hit for next season and could not make the $6.6 million cap figure they would need to sign Henne to a long-term deal.
But the Jaguars have no cap space left to offer Henne and the Jaguars also are locked into his $8 million base salary for 2017.
That means the team could have to pay Henne less than the $8.2 million they would have to offer him if they signed him to a contract extension.
“They can make up for that cap hit if they want to, but it’s not going to happen,” the second source said.
“If you’re a team like Jacksonville, they have to be able to find a guy that they can really sign and have an impact on.”
Jaguars owner Shad Khan told the AP he’s confident he can keep Henne on the field.
He said he is open to the idea of keeping Henne as the team’s starting quarterback, but he said he doesn’t have the money to do so.
The latest news on the Jaguars: • The Jaguars signed free-agent running back Jalen Hurd to a three-year, $15 million deal.
The team’s highest-paid player at the position is running back Maurice Jones-Drew, who signed a $12.5 million contract extension in April.
The two were the top two running backs on the depth chart in Jacksonville’s loss to the Carolina Panthers on Sunday.
Jones-Mdrew had 1,077 yards rushing on 122 carries in 2016, but has missed the past two games with a hamstring injury.
• The Texans signed undrafted free agent safety Rashad Greene to a one-year deal.
Greene started five games last season, recording one interception and two pass breakups.
• New York Jets defensive tackle Gerald McCoy signed a one year contract with the Jaguars.
The No. 12 overall pick in the 2017 NFL Draft had 32 tackles, two sacks, a forced fumble and an interception in 2016 after starting eight games for the Bills.
• Miami Dolphins defensive end Dion Jordan signed a five-year contract with Jacksonville.
Jordan, who was cut by the Miami Dolphins before the season, has three sacks in two seasons with the team.
• Washington Redskins quarterback Kirk Cousins is expected to be released by the Washington Redskins on Monday.
The 6-foot-5, 215-pounder has not played since Week 4 after undergoing surgery on his right shoulder in the second quarter of the team�s Week 3 loss to Baltimore.