The Tennessee Titans fell short of their goals in the 2021 season, getting bounced in the Divisional Round of the NFL Playoffs. Despite hopes of making a deeper playoff run next season, the Titans have surprisingly parted ways with a key member of the offense.  According to reports, the Titans are releasing veteran wide receiver Julio Jones after just one season with the team.

ESPN's Dianna Russini indicated Wednesday that the Titans were planning to cut ties with the 33-year-old. Jones had signed a three-year, $66 million deal with the Atlanta Falcons before being dealt to Tennessee last year.

Injuries cost him a significant portion of the 2021 season. Jones featured in just 10 games for the Titans last year, and failed to record a touchdown pass until the final week of the regular season. In all, Jones caught 31 passes for 434 yards and 1 TD during his tenure with the Titans.

The Titans won't save a ton of money by moving on from Jones, as he carried a $14.3 million cap hit, with a dead cap value of $13.2 million. In all, the Titans will open up $1.1 million in cap space by moving on from Jones.

Jones is set to hit free agency for the first time in his career at the age of 33, where there will likely be a handful of teams keen on signing the seven-time Pro Bowler. Despite a down year, Jones is still renowned as one of football's all-time great wide receivers, and while things didn't work out in Tennessee, he is definitely capable of bouncing back if he stays healthy.