In an additional move, the team is signing RB Jermar Jefferson to their practice squad.
Jones is stepping away from the team for the remainder of the season to deal with a family issue and is therefore being released.
Ibrahim, 24, was named third-team All-American in 2020 and was twice named first-team All-Big Ten in 2020 and 2022. He wound up going undrafted out of Minnesota following the 2023 NFL Draft.
Ibrahim later signed a rookie contract with the Lions that included $100,000 guaranteed. The Lions waived Ibrahim with an injury designation in August.
During his five-year college career, Ibrahim rushed 867 times for 4,668 yards and 53 touchdowns. He also caught 22 passes for 145 yards and no touchdowns.
Jones, 33, is a former fifth-round pick of the Bengals back in 2012. He played out his rookie contract before signing a five-year, $40 million contract that includes $20 million guaranteed with the Lions in 2016.
Jones joined the Jaguars on a two-year, $14.5 million contract in 2021. He returned to the Lions this past March on a one-year contract worth up to $5 million.
In 2023, Jones appeared in four games for the Lions and caught five passes for 35 yards.
We will have more news on Jones and Ibrahim as it becomes available.