Simms became expendable when the Jets drafted Baylor's Bryce Petty in the fourth round earlier this month. With Smith and Ryan Fitzpatrick ahead of him and the team high on Petty, Simms was a long shot to make the roster this season.
The son of former Giants star Phil Simms is 19 of 39 for 195 yards and a touchdown and one interception in four NFL games, with no starts.
He was signed as an undrafted free agent out of Tennessee in 2012 and was one of the Jets' final cuts that summer, but was signed to a reserve/future deal that December. Simms made the active roster the past two seasons.
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