According to multiple reports, the Giants are releasing Mayo as they move to create cap space ahead of the start of the new league year. Dropping Mayo will clear $2.3 million in cap space and releasing both veterans accounts for $8.4 million in cap room for the team.
Mayo signed a three-year deal with the Giants before the 2019 season. He started 13 games in his first season with the team, but moved into a reserve role last year and missed time with a torn meniscus.
Mayo had 111 tackles, two sacks, a fumble recovery, and a forced fumble during his time with the Giants.