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Ian Rapoport reports that the Jaguars have restructured the contract of LB Foyesade Oluokun in order to create $10.336 million in cap space.

Oluokun, 27, was a sixth-round pick by the Falcons out of Yale in 2016. The Falcons signed Oluokun to a four-year, $2.60 million rookie contract with a signing bonus of $146,629.

He just finished this contract and was set to become a free agent this offseason before reaching an agreement with Jacksonville that was worth $45 million over three years.

In 2022, Oluokun appeared in all 17 games for the Jaguars and recorded 184 total tackles, two sacks, two forced fumbles, and two fumble recoveries.

This article first appeared on NFLTradeRumors.co and was syndicated with permission.

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