The New York Giants released three players on Wednesday, cutting ties with linebacker Jon Beason, and offensive linemen Will Beatty and Geoff Schwartz.
The move seemed part financially motivated, as the team should save around $12 million in cap space.
Parting of ways with Schwartz, Beatty and Beason – possible retirement for the latter – should clear roughly $12M in cap space for Giants
— Art Stapleton (@art_stapleton) February 10, 2016
The move also seemed motivated by the Giants need to get younger and healthier. Beason played just 5 games last season, Beatty missed all of 2015 with injury, while Schwartz played just 13 games over the past 2 years.
The Giants have did not approach any of the three veterans about taking a pay cut, either.
I am told that neither Geoff Schwartz nor Will Beatty was approached by Giants about taking a pay cut. Team just moving on.
— Dan Graziano (@DanGrazianoESPN) February 10, 2016
The moves are some of the first of what’s sure to be a busy offseason for GM Jerry Reese and the Big Blue front office.