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Giants Cut Ties With $16.5 Million Starter in Cap-Saving Move: Report

Giants release kicker Graham Gano in NFL free agency news

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The New York Giants are releasing kicker Graham Gano.

New York Giants beat reporter and SNY insider Connor Hughes relayed news of a veteran release on the evening of March 29, at the tail end of NFL free agency ahead of the draft.

“BREAKING: The Giants are releasing K Graham Gano, sources tell @SNYtv,” Hughes reported on X. Officially closing the door on Gano’s up-and-down tenure with the G-Men.

Connor Hughes

BREAKING: The #Giants are releasing K Graham Gano, sources tell @SNYtv

Gano signed two extensions with the Giants. The second was a three-year, $16.5 million contract that was agreed to in 2023.

According to Over the Cap, New York will save $4.5 million in cap space by cutting ties with the soon-to-be 39-year-old kicker. They will take on a dead cap hit of $1.25 million.

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