The Philadelphia Eagles placed linebacker Ty Powell on the reserve/retired list, according to an official announcement from the team.
In short, Powell retired. Here's a more detailed explanation via Russell Street Report.
"Reserve/Retired List – If a player retires prior to the expiration of his contract, the team can place him on the Reserve/Retired List and retain its rights to the player under the player’s contract. The contract is tolled, so if, for example, a player retires with 2 years remaining on his contract, and is placed on the Reserve/Retired List, then, if he chooses to “unretire”, the player’s rights are still held by the team to the extent of the remaining 2 years of the contract."
The Eagles originally signed Powell, who played under defensive coordinator Jim Schwartz in Buffalo, to a contract right before OTAs began on May 17. It was thought he'd compete for a roster spot as a depth linebacker and special teams contributor.
The 28-year-old Powell is the fourth former Eagles players to retire this offseason. The three others include: Walter Thurmond, David Molk, and Tanner Hawkinson.
Now that Powell is gone, the Eagles have a vacant roster spot to fill.