It's possible, you just have to restructure just about everyone else. Assuming players are willing to add enough void years to max out the 2025 savings, here is one scenario where Jordan and Davis play again in 2025. The below clears $60.5m, and would be close to the same savings realized if Jordan and Davis took paycuts in anticipation of retirement.
PLAYER | MOVE | SAVINGS |
Ramczyk | Paycut | $16.8m |
Jordan | Restructure | $9.0m |
Davis | Restructure | $4.2m |
Hill | Restructure (maybe rework contract with NLTBE) | $7.0m |
McCoy | Restructure | $6.7m |
Ruiz | Restructure (salary is guaranteed anyway) | $6.4m |
Granderson | Restructure | $5.2m |
Werner | Restructure (salary is guaranteed anyway) | $2.4m |
Moreau | Release | $2.8m |
You would need to clear more space to be able to function, this just gets you the $60m.