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Because of a $10 million bonus that triggers a four-year contract, the Jets have released cornerback Lito Sheppard.

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The Jets have placed the highest possible tender — the first- and third-round tender — on restricted free agent WR Braylon Edwards, limiting his potential movement this offseason. A team could sign Edwards to an offer but would have to give a first- and third-round pick for Edwards as compensation if the Jets opt to not match it. Edwards is guaranteed to make over $3 million in 2010 as a result of the tender.

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Because of a $10 million bonus that triggers a four-year contract, the Jets are expected to release cornerback Lito Sheppard, reports the New York Daily News.

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The Jets officially announced that they will release veteran RB Thomas Jones before the start of the new NFL season on March 5, ending his three-year tenure with the club. “When I got here Thomas immediately became one of my guys,” coach Rex Ryan said in a statement. “He had one of his best years last season — might have been his best. I have a tremendous amount of respect for him as a player and a person. As I said the other day, this is one of the tough decisions we had to make for our organization.”

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Jets offensive linemen Alan Faneca and Nick Mangold said rookie RB Shonn Greene played well in 2009, especially the playoffs, and he would do a good job if named the starter in 2010. Thomas Jones might not return to the Jets next year, which would open the door for Greene to become the No. 1 option in New York, and Greene showed his potential with 304 yards on 54 carries (5.6 avg.) and two touchdowns with no fumbles in the postseason. “He’s going to be a good back,” Mangold said. “You can tell by the way he runs. He can run by somebody or run them over. As an offensive lineman you appreciate that.” Added Faneca: “He got his way into the system and started getting some more carries. We really leaned on him during playoff time. He showed what he’s about.”

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Jets quarterback Mark Sanchez might have surgery this offseason to stabilize the patella ligament in his left knee, which was injured in college. Sanchez, who just completed his rookie season, won’t need any procedures on his right knee, which suffered a sprained posterior cruciate ligament earlier this season. He had both knees examined by team doctors last week and also had them looked at by Dr. James Andrews in Birmingham, Ala. General manager Mike Tannenbaum said Sanchez would be ready “well before training camp” if he elects to have the procedure, which isn’t consider major, but could miss some early offseason workouts. “It would certainly be much sooner than later because, right now, nothing has been decided,” Tannenbaum said.

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Kerry Rhodes might have played his last game with the Jets. The veteran safety, who was demoted earlier this season, had a solid postseason but declined to say Monday whether he’ll be back with the team next season. Coach Rex Ryan said he and Rhodes have had private conversations, but declined to go into detail about what was discussed. Rhodes, once considered one of the cornerstones of the franchise, is due a $2 million roster bonus in March. The Jets could decide not to pay Rhodes, who had issues with Ryan and defensive coordinator Mike Pettine. Ryan, who said he spoke to Rhodes on Monday and “eight weeks ago,” wouldn’t clarify things when told his comments sounded ominous. “No, I think it’s just between Kerry and I,” he said. “It’s a private conversation that we’ve had, that we are the only ones that know what was said in there. Trust […]

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Jets running back Thomas Jones, who set a career high with 1,402 yards rushing, was a full participant in practice for the second straight day Friday despite being listed on the injury report with a knee ailment. Rex Ryan said he has swelling in his knee but was sure that he’d play.

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The Bucs signed the following players to Reserve/Futures contracts: CB Brandon Anderson, DB Emanuel Cook, DE Maurice Evans, LB Lee Robinson and CB Stoney Woodson.

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The Jets signed the following players to Reserve/Futures contracts: LB Ezra Butler, WR S.J. Green, LB Joshua Mauga, DB Bo Smith and WR Larry Taylor.

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