The Giants announced they have released receiver/special teamer Cody Core.
Core, who before rupturing his Achilles tendon last summer, was among the most productive special teams players on the Giants.
A sixth-round pick of the Bengals in the 2016 NFL Draft, Core was acquired off waivers from the Bengals on September 1, 2019, and as a punt gunner, he went on to lead the Giants' special teams with eight tackles, six solo efforts.
The Giants rewarded Core with a new two-year, $4 million contract last off-season. Unfortunately, he suffered the injury during training camp and was lost for the season.
His injury, combined with the Giants' intentions to revamp their receiver depth, put his roster spot in jeopardy for 2021.
Core was due to count for $2 million against the Giants' 2021 salary cap this year, including a $1.45 million base salary, a $500,000 roster bonus, and a $50,000 roster bonus.
Assuming the Giants did not have to issue an injury settlement to him for part of his base salary, the team will save a full $2 million with no dead money against their 2021 salary cap.
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