I understand why extraneous scenes occasionally need to be cut for the greater benefit of a movie, but this particular deleted scene, taken from Pirates of the Caribbean: At World's End, is absolutely pivotal to Captain Jack's character development, and has completely changed my perspective of him.
The scene in question reveals the origins of the Black Pearl, touching on Jack's exploits prior to his introduction in the first movie. Namely, how Sparrow came to be unjustly branded a pirate. Take a look at this exchange between him and Lord Cutler Beckett.
Before he set out on his quest for booty, Jack Sparrow actually worked for Beckett, sailing on behalf of the East India Trading Company. But when Jack was sent to transport a cargo of slaves to the Bahamas, he defied orders and chose to liberate them instead.
Beckett's men soon tracked him down and labelled him a rebellious pirate, before setting fire to his ship (then called the Wicked Wench).
But Sparrow struck a deal with Davy Jones, asking him to resurrect his ship from the watery depths, which he did. This is why his debt to Davy Jones was 100 souls -- his ship sunk because he saved 100 slaves, thus he must enslave another 100 to clear the debt, explaining why he's so reluctant to pay up.
Once the ship was recovered, it remained charred from the flames and was re-christened the Black Pearl.
Watch the full deleted scene below:
So ,Sparrow only became a pirate because he granted people their freedom, meaning the real treasure throughout entire franchise has been right under our noses: it's Jack's heart of gold.
I just wish they'd kept the scene in. What do you think?