Brandon Jacobs and the Giants couldn’t reach an agreement on a new contract, and so he’s on the way out.
Mike Garafolo of the Star-Ledger reports that the Giants will release Jacobs today after the two parties couldn’t work out a new deal.
Jacobs was due a $500,000 roster bonus and a base salary of $4.4 million, and although he said he was open to taking a pay cut, he apparently wasn’t willing to take as steep a pay cut as the Giants wanted.
Jacobs, who will turn 30 in July, has played his entire seven-year career with the Giants. He had 152 carries for 571 yards and seven touchdowns last season.