Beason and Schwartz both signed big contracts with the Giants before the 2014 season. The Giants had acquired Beason in an Oct. 2013 trade with the Panthers.
Injuries limited Beason to four games in 2014 and five in 2015. Beason, 31, hasn’t played a full season since 2010.
Schwartz was limited to two games in 2014 at right tackle due to injury. He started 11 games at guard last season.
The Giants save about $6 million in cap space by releasing Beason and about $3 million with Schwartz’s release.
Schwartz will be 30 this summer. His younger brother, Mitchell Schwartz, will also be a free agent if he doesn’t strike a deal with the Browns over the next four weeks.