Friday, July 10, 2026

Giants Cut Daniel Jones Days After $23 Million Benching 

The Giants released the QB on Friday morning after he met with owner John Mara, days after the team benched him.

Despondent Giants quarterback Daniel Jones.
Brad Penner-Imagn Images

Daniel Jones’s time with the Giants has come to an end. 

The organization released him Friday days after announcing he was being benched in favor of third-string Tommy DeVito. Jones met with the media Thursday and gave a 90-second statement that read like a farewell message as he thanked the organization and expressed optimism about his next opportunity. 

“The opportunity to play for the New York Giants was truly a dream come true,” Jones said to begin his statement. “I’ve met so many special people and created relationships that will truly last a lifetime.”

The comments proved prophetic. On Friday, team owner John Mara put out a statement: Jones asked for and was granted his release.

Jones has until 4 p.m. ET Monday to clear waivers, which he will likely do because of his contract. Any team that picks up Jones off waivers would be responsible for the $13.8 million he’s guaranteed for the rest of the season. After he clears waivers, Jones is free to sign with any team, and the Giants would pay the rest of his guaranteed salary.

Jones signed a four-year, $160 million extension in March despite coming off an ACL injury and an uneven track record. That contract was fully guaranteed for 2024, but had an injury guarantee only for 2025. Had he failed a physical in March, $23 million of his 2025 salary would have been guaranteed. Jones was willing to waive his injury guarantee if it meant he could keep playing, according to ESPN’s Jordan Raanan, who said the Giants wouldn’t agree to Jones’s conditions given how he was performing. The team will still face a dead cap charge of $22 million in 2025.

Though Jones is no longer a Giant, the team was invested in defending him to the very end.

A day before the former first-round pick was cut, ESPN’s Elle Duncan roasted Jones in a short SportsCenter segment.

“You guys think he had this saved in his notes since like 2020?” Duncan said of Jones’s emotional farewell. “In all seriousness, DJ, I could have saved you like 90 seconds. A rewrite: I’m sorry you paid me $108 million for one playoff win. And I look forward to reviving my career as Brock Purdy’s backup. The end.”

Hours later, veteran Giants communications executive Pat Hanlon ripped the segment. “That an ESPN personality would mock Daniel Jones’ statement today is mind boggling,” Hanlon wrote. “Given what has happened at that company over past few years, tone deaf.”

On Friday morning, Stephen A. Smith strongly implied that the Giants called ESPN executives to complain about Duncan, whom the camera panned to during Smith’s rant.

“You got the nerve to call the offices and complain about somebody who went on national television to do their job,” Smith said. “Why don’t you do your damn job?!” 

Both the Giants and ESPN declined to comment. 

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Bears’ Indiana Stadium Plans in ‘Red Zone,’ Governor Says

The NFL team is drawing closer to a long-awaited stadium decision.
Feb 8, 2026; Santa Clara, CA, USA; Seattle Seahawks wide receiver Cooper Kupp (10) catches a pass against New England Patriots cornerback Marcus Jones (25) in the first half in Super Bowl LX at Levi's Stadium.

Two Bidders Pull Ahead in Seahawks Sale Process

One of the two groups includes at least one former Seahawks player.
Exclusive

ESPN Nears Mike Garafolo Deal As It Goes All In on NFL Reporters

ESPN has a deep bench of NFL reporters and personalities.
podcast thumbnail mobile
Front Office Sports Today

7/10/26 – World Cup Ratings Records, Seahawks Sale Narrows, Kawhi Trade Limbo

0:00

Featured Today

What the World Cup Means to Erling Haaland’s Tiny Hometown

The tournament’s breakout star is from a rural Norwegian town.
July 10, 2026

Why So Many Media Outlets Are Rushing Into Sports

Sports coverage has ballooned in every corner of media.
Pillow Fight Championship
July 8, 2026

How Obscure Sports Get Mainstream TV Deals

For niche sports, getting on TV often matters more than getting paid.
ATLANTA, GA - September 05: Georgia Lottery fireworks after the game against the Seattle Mariners at Truist Park on Friday, September 5, 2025 in Atlanta, Georgia.
July 2, 2026

Inside the Spectacle and Science of MLB Fireworks

Postgame fireworks are lighting up baseball for America250.
Kansas City Chiefs
July 1, 2026

NFL Teams Push to Turn Futbol Fans Into Football Devotees

NFL teams are courting international soccer fans during their World Cup visits.
Jul 10, 2026; London, United Kingdom; Jannik Sinner of Italy celebrates winning his semifinal match against Novak Djokovic of Serbia on day 12 at All England Lawn Tennis and Croquet Club

Jannik Sinner Reclaims Spot in Grand Slam Final to Vie for $4.8M

Sunday’s winner will claim the No. 4 spot on the career earnings list.
July 8, 2026

Jessica Shepard’s $2M Stunner Has Become WNBA’s Biggest Bargain

Shepard was named a 2026 All-Star starter.
July 10, 2026

The Parity Era of Women’s Tennis Continues at Wimbledon

Karolína Muchová and Linda Nosková meet in the Wimbledon final Saturday.
Sponsored

Josh Childress: Why Now Is the Time for NBA Expansion

Josh Childress on why he invested in the Portland Thorns, the case for NBA expansion, and donating to Stanford NIL.
Apr 1, 2026; Salt Lake City, Utah, USA; Denver Nuggets center Nikola Jokić (15) looks to pass the ball during the second half against the Utah Jazz at Delta Center.
July 7, 2026

Nuggets ‘Unconcerned’ Over Jokić’s Delay in Contract Extension

Jokić is eligible for the richest deal in NBA history next summer.
July 4, 2026

Serena Williams Withdraws From Wimbledon With Knee Injury

Williams lost to Maya Joint in her singles return Tuesday.
July 2, 2026

Alex Ovechkin Will Return to Washington for One More Season

The one-year contract extension is based heavily on an appearance incentive.
Jun 11, 2026; Portland, Oregon, USA; WNBA Commissioner Cathy Engelbert meets with the working media before Portland Fire against the Las Vegas Aces at Moda Center.
June 30, 2026

Cathy Engelbert Responds to Alyssa Thomas’s Callout

Thomas received a Flagrant 2 foul and one-game suspension last week.