With the New York Giants going through a severe cost cutting period as the NFL new fiscal year comes to end next Wednesday, players who would probably be brought back under normal situations are likely to be released or be allowed to enter free agency this year.
The Giants are still close to $8 million over the $208.2 million salary cap and the goal is create $40 million in available cap space as per new general manager Joe Schoen.
Two players the Giants are almost sure to let hit free agency are fullbacks Eli Penny and Cullen Gillaspia, reports Ryan Dunleavy of the New York Post.
— Ryan Dunleavy (@rydunleavy) March 10, 2022
Following news that he would not return, Penny hit Twitter to thank the Giants and their fans.
Thank you BIG BLUE. Extremely thankful for everything. #ITSNEVERBAD …I wish everyone in the building success and prosperity. They all deserve it. ….lollol don’t call me king pic.twitter.com/NABL9KHewZ
— Elijhaa Penny (@ElijhaaP) March 10, 2022
You can expect the Giants to replace Penny and Gillaspia with an H-back or a versatile tight end who can play multiple roles in the offense. The Giants will likely keep Kaden Smith as one of their tight ends and possibly Chris Myarick, who has the look of an H-back type.