The Eagles move on from Darius Slay.

After the two sides failed to reach a new contract agreement, the Eagles plan to release the Pro Bowl corner when the new league year begins Wednesday afternoon, a league source confirmed to NBC Sports Philadelphia’s John Clark.

See more

Source confirms Darius will release Slay and be a free agent

Eagles and Slay failed to agree on restructured contract pic.twitter.com/sZJ8Z4yrqP

— John Clark (@JClarkNBCS) March 15, 2023

Slay, 32, has spent the last three seasons in Philadelphia and was a 2021 and 2022 Pro Bowler. He said goodbye to Philly in a tweet Wednesday morning:

See more

Nothing but love Philly!! Let’s see where it goes next..

— Darius Slay (@bigplay24slay) March 15, 2023

Slay was due to enter the final year of his contract in 2023 and wanted a contract extension. The Eagles, meanwhile, were keen to lower his $26 million cap hit for the upcoming season. Last Friday, the Eagles Slays granted Agent Drew Rosenhaus permission to seek a trade. That was a step so Rosenhaus could find the market for the veteran cornerback.

But since then both sides couldn’t agree on a new contract and now the Eagles are pulling out of Slay.

The Eagles had two options with this release. And according to a league source, they will call Slay a post-June 1st release. This frees up $17 million in cap space, but they must carry his full cap hit of $26.1 million by that date. It will eventually leave $8.6 million in dead money in 2023 and $13.8 million in dead money in 2024. It’s basically a way to split those dead cap fees.

Slay was still very good in 2022, but his game slipped a bit in the second half of the season. In the first eight games of the season, opponents completed just 46.3% of their passes to him with 1 touchdown and 3 interceptions and a 37.2 passer rating. But in the last 9 games of the regular season, it’s up 71.1% for 346 yards with 4 touchdowns, 0 INTs and a 134.4 passer rating, according to Stathead.

The Eagles acquired Slay in a trade with the Lions in May 2020. The Eagles hit the expensive cornerback market in free agency, picking Slay as a third-round and fifth-round pick in the 2020 draft. Following the trade, Slay signed a three-year, $50 million deal with $30 million guaranteed.

While the Eagles are losing Slay, they were able to keep James Bradberry, who was a pending free agent. Bradberry re-signs to three-year, $38 million deal. Bradberry, 29, was a second-team All-Pro in 2022.

The Eagles are also likely to make a push to re-sign safety CJ Gardner-Johnson, who is also an upcoming free agent.

Sign up for our Breaking newsletter to get the most pressing news in your inbox.

The post Eagles Shifting on From Darius Slay. Right here’s What We Know – NBC Bay Space appeared first on DAILY SAN FRANCISCO BAY NEWS.