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Giants release Cruz, Jennings in salary cap moves

EAST RUTHERFORD, N.J. — The New York Giants cleared roughly $10 million in salary cap space by releasing long-time fan favorite Victor Cruz and starting running back Rashad Jennings.

The team announced the moves on Monday after the two helped the Giants get back into the playoffs for the first time since playing in the Super Bowl in 2012.

The 30-year Cruz joined the Giants as a free agent in 2010 and his game-breaking ability as wide receiver helped them win their second Super Bowl under Tom Coughlin. A knee injury and a calf problem caused him to missed most of the 2014 season and all of the following season.