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Jones told Tom VanHaaren on Wednesday that he would enter the transfer portal.
Jones had an up-and-down first season as the starter as the Gators struggled in Dan Mullen's final season. He threw for 2,563 yards and 19 touchdown. He ran for over 800 yards and scored four times for Florida.
Anthony Richardson replaced Jones as the starter against Georgia, but Jones was able to regain the job and play in every game during the regular season.
Jones was recruited by Mullen, who was fired before the season finale against Florida State and after a loss at Missouri. Billy Napier was hired by Florida as their new coach.
Jones completed 16 of 24 passes for 163 yards and a touchdown, but was picked off three times. Richardson went 5-of-7 for 55 yards and a touchdown as Florida earned bowl eligibility.
The Florida Gators will play the UCF Knights in the Union Home Mortgage Gasparilla Bowl. Yahoo! Jones would stay with the team for the bowl game, as first reported by Sports.