The Ravens couldn't find a trade partner for Eugene Monroe, which means the former first-round draft pick will test free agency after being released Wednesday.
Monroe's release will save the Ravens $6.5 million against the salary cap.
According to ESPN, the Ravens and Giants were in trade talks but ultimately couldn't reach a decision. New York didn't want to trade someone in addition to taking Monroe's contract.
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ESPN also reports the Giants, Chargers and Seahawks are the top candidates to land Monroe now that he's available to sign with any team.