Wednesday, July 1, 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

Kansas City Chiefs

NFL Teams Push Turn Futbol Fans Into Football Devotees

NFL teams are courting international soccer fans during their World Cup visits.

Boston’s Rocky World Cup Still Delivered Tournament Classics

Scotland, a knockout thriller, and America250 are making up for difficult preparations.

Comcast’s NBCUniversal Split Could Give the NFL More Leverage

The forthcoming split will reverberate throughout the entire media business.

After NFL and CFL Say No, UFL May Be Sorsby’s Best Option

The UFL appeared to confirm Sorsby would be eligible.
podcast thumbnail mobile
Front Office Sports Today

7/1/26 – LeBron Leaves the Lakers, Kawhi to Toronto, Sorsby Drops NFL Fight, Serena Falls at Wimbledon

0:00

Featured Today

June 26, 2026

In an Era of $1,000 Tickets, $10 Watch Parties Bring Fans Together

Stadium watch parties now rival home-game experiences.
June 25, 2026

Italian Americans Have Severe World Cup FOMO

Bars and restaurants in Boston, Philly, and beyond are missing the Azzurri.
Indiana Fever guard Lexie Hull (10) celebrates a three-point basket Monday, June 22, 2026, during the game at Gainbridge Fieldhouse in Indianapolis. The Indiana Fever defeated the Phoenix Mercury, 86-77
June 24, 2026

Female Athletes Are Trying to Build the ‘Athleisure of Beauty’

“Performance cosmetics” have emerged alongside the women’s sports boom.
June 18, 2026

Why U.S. Open Host Sites Are on a 25-Year Plan

The U.S. Open has already picked out 22 future sites through 2051.
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.

Cathy Engelbert Responds to Alyssa Thomas’s Callout

Thomas received a Flagrant 2 foul and one-game suspension last week.
June 29, 2026

Unrivaled Lands Two International Stars Amid Project B Battle

Unrivaled also signed Canadian forward Bridget Carleton.
Jun 30, 2026; London, United Kingdom; Serena Williams of the United States returns a shot during her match against Maya Joint of Australia on day two at All England Lawn Tennis and Croquet Club.
June 30, 2026

Serena Williams Loses in Return to Singles at Wimbledon

It was her first singles match since the 2022 US Open.
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.
June 25, 2026

Tracy McGrady Buying 80% of ABCD as He Revives Legendary Camp

McGrady is bringing back a piece of basketball history.
June 23, 2026

Greg Olsen: NFL Franchises Interested in Hosting Tight End U

The annual summer summit is in its sixth year.
June 23, 2026

Giannis Antetokounmpo Finally Traded to Miami

The Heat and Bucks struck a deal late Monday night.
Apr 18, 2026; Raleigh, North Carolina, USA; Carolina Hurricanes defenseman Jalen Chatfield (5) checks Ottawa Senators left wing Brady Tkachuk (7) during the second period in game one of the first round of the 2026 Stanley Cup Playoffs at Lenovo Center.
June 22, 2026

Tkachuk Is Latest Star Player on Canadian Team to Move South

The former Senators captain will now play with his older brother.