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Walters re-signed with the Jaguars on a one-year contract that includes an option for a second year, Eugene Frenette of the Florida Times-Union reports.

Walters had some opportunities last season to serve as Jacksonville's No. 3 receiver when other players missed time with injuries, but he still finished the year with only 24 catches for 231 yards and a pair of touchdowns on 34 targets in 10 games. He'll likely return as the No. 4/5 wideout with a key role on special teams.

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