Chargers have informed CB Derek Cox they plan to release him, per source. Cox spent one season in San Diego. Was due $4.25M base salary.
ESPN.com "With cornerback Derek Cox benched three of the past four weeks, San Diego coach Mike McCoy said there will be an open competition in the secondary at practice this week. Asked if Cox would return to his starting role, McCoy indicated that jobs would be up for grabs in the defensive backfield...." November 27
Jacksonville Times-Union "Now that Derek Cox has left for San Diego, the Jaguars have to hope he plays well and stays healthy. If he does that, the Jaguars will get a better compensatory pick for him. But if he does that, then the Chargers made a good move in signing him to a four year deal for $20 million, including..." March 14
San Diego Union-Tribune "The Chargers saw one cornerback get away Wednesday. Tom Telesco made sure there wasn't a second. The first-time general manager completed a four-year, $20 million deal with Derek Cox, the agreement arriving into the night and several hours after cornerback Jerraud Powers signed with the..." March 14
BigCatCountry.com "The Jacksonville Jaguars will not be using the franchise tag on cornerback Derek Cox or anyone else on the roster, general manager David Caldwell told Ryan O'Halloran of the Florida Times-Union. If the Jaguars were to place to tag on Cox, it would cost in the range of $10 million guaranteed,..." February 21