Giants general manager Joe Schoen all but confirmed that the team plans to release wide receiver Kenny Golladay after an underwhelming two-year run for the once-star pass-catcher in New York.
Speaking to reporters Wednesday, Schoen said that the Giants are likely to “take our medicine this year” regarding Golladay, per ESPN’s Jordan Raanan. The franchise’s GM implied that he expects the team to cut the 29-year-old receiver before June 1 and take the full cap hit this year, rather than spread out the hit into 2024.
Releasing Golladay would save New York approximately $6.7 million against the cap in 2023, according to Spotrac, but the team would still eat $14.7 million in dead money this year.
