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Giants reportedly release punter Riley Dixon

In a widely anticipated move, the New York Giants have reportedly released punter Riley Dixon after four years with the team, according to ESPN.

The move will save New York about $2.8 million against the cap. Giants GM Joe Schoen is one step closer to his goal of clearing $40 million in cap space. Dixon was in the final year of a three-year, $8.7 million contract that he signed in 2020 and he was due $3.12 million this year.

Dixon was drafted in the seventh round of the 2016 NFL Draft by the Denver Broncos.