Davis, a 28 year old, 6' 2" 235 pound linebacker, was a third round draft pick of the Jets in 2012. He finished the 2016 season for the Browns with 99 tackles and two sacks.
Pryor, a 24 year old, 5' 11", 207 pound safety, was the Jets' first round pick in the 2014 NFL draft. After a promising sophomore campaign in 2015 Pryor's play deteriorated in 2016 and he fell out of favor with the coaching staff. Pryor's departure leaves the Jets with very little depth behind their two rookie safeties chosen with the Jets first two picks of the 2017 NFL draft.
This trade will result in an approximately $3.3 million net cap hit for the Jets, roughly half of the cap savings they achieved effective today as a result of the June 1 designation for releasing Marcus Gilchrist. It is a bit puzzling why the Jets would choose to incur this cap hit for a player who does not seem to have a clear path to playing time with the team and will be a free agent at the end of the season.