It all depends on how his contract was written. If his agent had any since at all, he would have put a buyout clause into his contract. Meaning if the team cut him, his salary would be payable upon his release.
I hope so.He's not a great player ,but I don't think he got much of a fair chance. But I can't think of any guy in pro sports that will probably use that money in ways that will benefit many people. I don't believe that any failures or ridicule will cause him to waiver in his commitment to Christanity and don't see wealth turning him to something evil like so many others.
If they cut him, most of the time, teams owe nothing. In the NFL, any real money is given up front in bonuses. I doubt there was a buyout clause, particularly in the case of the Jets. I'm pretty sure he got nothing when he was released. His money is from endorsements, and he also doesn't seem to have any vices, which helps.