The club does plan to keep Allen around, however. Per Mike Garafolo of the NFL Network (via Twitter), the Jags may have waited until today to waive Allen (instead of including him in the mass cuts that took place over the past several days) to give themselves a better chance of sneaking him through waivers. If he does clear, Garafolo reports that Allen would be signed to Jacksonville’s practice squad.
There was some chatter earlier this summer that Allen, whom the Jaguars selected in the sixth round of last year’s draft, could unseat Henne as Bortles’ backup, and then when Henne had the opportunity to replace Bortles as the starter, it was rumored that Allen could serve as Henne’s backup if the club were to cut Bortles.
It is therefore clear that the Jaguars are fairly high on the former Razorback, they just wanted to use his roster spot for depth elsewhere.