As you know well (as an AL fan), C. Jones was a fine college punt returner at Alabama and a very good DB also, absolutely fearless (that is why it was so surprising to me that he got such a bad case of the yips his first year in NE). He looked promising in his second year before the injury.
After his bad rookie experience with the Pats, and now being cut by them, I wonder if he really has much love for walking into the Patriots building, it may be like revisiting a house where you had a nightmarish marriage or other terrible experience. I don't really see a return by him to the Pats in the cards.
However, not only would I not be surprised to see him playing meaningful snaps for some team in a few years, I fully expect it.