The Daniel Jones chapter at the New York Giants ends abruptly! The quarterback has now been officially released – at his own request.
Better a terrible end than a terrible eternity.
That’s probably what Daniel Jones thought when he asked to be released by the New York Giants on Friday.
— New York Giants (@Giants) November 22, 2024
After the past few days, weeks and months, who can blame him? Not the Giants, who granted their long-time quarterback’s wish and released him with immediate effect.
“Daniel came to me this morning and asked if we would release him,” team owner John Mara said in a statement. “We agreed that this would be best for him and the team. Daniel has been a great ambassador for our organization, first-class in every way. His handling of this situation is an example of that. We are all disappointed with how things have turned out. We have great appreciation and respect for Daniel. We wish him nothing but the best in the future.”
Daniel Jones: That’s how much dead cap he costs the Giants
Jones had signed a $160 million contract after the 2022 season, which will cost the Giants a whopping $47.1 million in dead cap in the current 2024 season, according to Spotrac.
Salary cap, cap space and dead cap: this is how contracts work in the NFL
According to NFL insider Tom Pelissero, the cap will be charged with $22.1 million for 2025.
NFL: Is Jones going to the Cowboys?
Jones can now, if he goes through the waiver list, sign with any other team. A report from Bleacher Report mentions the Carolina Panthers, Las Vegas Raiders and Dallas Cowboys as potential suitors for Jones. A signing with the latter team in particular would be explosive: the Cowboys are hated division rivals of the Giants and will face each other in the prestigious Thanksgiving Game.
A move to Texas would not only satisfy Jones’ possible desire for revenge, it would also make sense from an athletic point of view: starter Dak Prescott is out for the entire season – Cooper Rush is a beatable opponent. Jones would therefore have a good chance of promoting himself in the struggle for a new contract.
NFL: This is how Daniel Jones continues
Jones initially lands on the so-called waiver wire list as a result of his release. Teams can sign him from there if they take over his current salary for the remaining six games (almost 12 million euros). However, this is considered unlikely. If no team has claimed him by Monday at 4 p.m. local time, any team can negotiate with him freely.
Jones was recently benched as a starter by head coach Brian Daboll, with Tommy DeVito taking over as playmaker. Backup is Drew Lock. Jones was even demoted to third in the roster.
In six years with the Giants, Jones appeared in 70 games, completing 14,582 passing yards, throwing for 70 touchdowns and 47 interceptions. His average rating: 84.3. From 2019, when he replaced Eli Manning as the starter, through the 2023 season, he only led the Giants to the playoffs once, where they were knocked out in the Divisional Round.
What accompanied him throughout that time was fan skepticism about whether he was the right franchise quarterback.
Savings effect on the 2025 salary cap: a whopping $19.395 million.
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