Golden Tate and David Mayo will be released by the Giants, a source confirmed, saving the team a combined $8.4 million against the still-not-finalized 2021 salary cap. ESPN and NFL Network first reported that the team had informed the players of the decision. The moves will become official at some point in the coming days. Both players had two years remaining on their contracts.
Tate, 32, signed a four-year, $37.5 million deal with $23 million guaranteed with the Giants two years ago to help them replace Odell Beckham Jr. He had a productive first season with the team that included six touchdowns but saw his opportunities and numbers diminish in 2020.