• Loading stock data...
Saturday, November 8, 2025
Tune in Nov. 12 at 1 p.m. ET for Future of Sports: Stadium Sophistication. Register now

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. 

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Nov 2, 2025; Paradise, Nevada, USA; Jacksonville Jaguars quarterback Trevor Lawrence (16) scores a touchdown during the second half against the Las Vegas Raiders at Allegiant Stadium.

Jaguars Choose Orlando for 2027 Home Games: Report

EverBank Stadium in Jacksonville will be closed for renovations.

NCAA Warns Schools Government Shutdown May Affect Fall Championships 

The 2025 fall championships require more than 1,000 trips.
Tom Brady waves at Detroit Lions fans at Ford Field in Detroit on Sunday, November 2, 2025.

Tom Brady Says His Sports Ownership Stakes Are About Mentorship

Brady spoke to FOS as his E1 team looks to win another title.

Featured Today

Aug 6, 2025; Sandy, UT, USA; Queretaro defender Edson Partida (22) watches the ball during the second half of the game against Real Salt Lake at America First Field

Mexican Soccer Is the Next Frontier for American Investors

Liga MX is an appealing proposition with big potential upside.
G League
November 6, 2025

Is College Basketball About to Raid the G League?

Two G Leaguers have gone back to college. More could follow.
Oct 11, 2025; University Park, Pennsylvania, USA; Penn State Nittany Lions head coach James Franklin stands on the field following the game against the Northwestern Wildcats at Beaver Stadium
November 1, 2025

College Football’s Coach Buyout Bonanza: All Your Questions Answered

Schools owe their fired coaches millions in buyouts—and it isn’t over.
Oct 13, 2024; Chicago, IL, USA; Susanna Sullivan of the United States of America finishes seventh in the Chicago Marathon at Grant Park
October 31, 2025

More Races, More Money: The New Calculus for Pro Marathoners

More races per year mean more money—but the math isn’t simple.
Santana Moore from Kansas City holds a belt Saturday, Feb. 1, 2025, as WWE fans crowd downtown Indianapolis ahead of the Royal Rumble at Lucas Oil Stadium.

Wrestler Says He Was ‘Hung Out to Dry’ By WWE After Injuring..

The WWE terminated Menzies’s contract early after his social media post.
Oct 18, 2025; Vancouver, British Columbia, CAN; FC Dallas goalkeeper Maarten Paes (1) warms up prior to the first half against Vancouver Whitecaps FC at BC Place.
November 5, 2025

Inside the Investment Playbook of MLS Goalie Maarten Paes

Paes’s portfolio includes TGL and a Pro Padel League team.
Sep 9, 2024; Santa Clara, California, USA; San Francisco 49ers former tight end Vernon Davis speaks during the 49ers hall of fame ceremony during halftime against the New York Jets at Levi's Stadium.
November 7, 2025

Vernon Davis Would Love to Invest in an NFL Team

The former 49ers tight end regrets passing on an investment in Ring.
Sponsored

How HOKA is Reimagining the NIL Relationship

On Location is redefining the Olympic experience by creating lasting connections beyond the Games.
Aryna Sabalenka
November 4, 2025

Sabalenka–Kyrgios Match Not Disclosing Prize Money

Some match rules will be altered to “level the playing field.”
Kyler Murray
November 4, 2025

The Cardinals Might Have a Kyler Murray Problem

Murray’s deal has three years and more than $100 million remaining.
Sep 7, 2025; Flushing, NY, USA; Carlos Alcaraz (ESP) and Jannik Sinner (ITA) poses for a photo after the final of mens singles at Billie Jean King National Tennis Center
November 3, 2025

$5.1M ATP Final to Determine Men’s Tennis World No. 1

Sinner and Alcaraz are battling to finish the year at the top.
Michelle Wie West
November 3, 2025

Michelle Wie West: Don’t Treat Women’s Sports As Charity

“I’m guilty of saying it too—’We gotta show up for women’s sports.’”