ESPN first reported the move.
Hurns, a 2014 undrafted free agent, signed a four-year, $40.05 million contract in 2016. Cutting the wideout saves the Jags $7 million on the salary cap with zero dead money.
After a solid rookie campaign, Hurns burst onto the scene in 2015 with a 1,031-yard, 10-touchdown season. After signing his big deal, the wideout struggled to replicate that production. He totaled 961 yards and five touchdowns combined the past two years while missing 11 regular season games.
Given the strong market this offseason for secondary receivers, the 26-year-old should have little trouble finding a new home.