According to Pete Prisco of CBSSports.com, the Rams decision will allow Jackson to be an unrestricted free agent after the 2012 season.
The first-round pick in 2004 has led the team in rushing every year since 2005, and was set to make a base salary of $7 million next year. Jackson apparently fell short of receiving yardage benchmarks to fall short of erasing the final two seasons anyway.
It’s an interesting move, since unless you’re a Carolina Panther or under 26 or so, the market for running backs is a soft one.
Jackson’s still talented, but the odds of him making that kind of cash as a 30-year-old in 2013 seem long, and the Rams apparently weren’t interested at him at that rate anyway.