EAST RUTHERFORD, NJ – Wide receiver Golden Tate has been released by the New York Giants in an effort to cut costs, a source told ESPN’s Adam Schefter on Wednesday.
The move creates a cap of $ 6 million for the Giants, $ 10 million if designated as a cut after June 1. Tate was expected to earn $ 8.5 million and be $ 11 million against the salary cap in 2021.
The Giants also knocked out veteran linebacker David Mayo on Wednesday, a source told ESPN, confirming an NFL Network report. Mayo underwent surgery to repair a torn meniscus in his left knee last August, but he returned and played 11 games last season.
Tate, 32, caught 35 passes for 388 yards and two touchdowns last season. It was his least productive season since his first year, in part because he missed four games and started only four, serving as the Giants’ third receiver behind Sterling Shepard and Darius Slayton.
The lack of playing time and opportunities led to some frustration following a prime-time loss to the Tampa Bay Buccaneers on Nov. 2. after his spectacular touchdown leaping at the end of the fourth quarter to put the Giants in a position to equalize the score.
His wife, Elise, posted on Instagram that evening about Tate’s lack of opportunities, and Tate then liked a tweet suggesting he should be cut and be given the option to sign elsewhere.
Tate did not travel with the squad for the following week’s game against the Washington soccer team, but Giants coach Joe Judge was extremely praise of Tate’s squad approach to the rest of the season.
Tate also got into a field brawl with Los Angeles Rams cornerback Jalen Ramsey following an early-season game.
The Giants signed a four-year, $ 36.3 million contract with Tate with $ 22.95 million guaranteed after negotiating wide receiver Odell Beckham Jr. in 2019.
Tate played 11 years with the Seattle Seahawks, Detroit Lions, Philadelphia Eagles and Giants, achieving a Pro Bowl and winning a Super Bowl as one of the league’s most productive receivers.
The former Notre Dame star has 695 career catches for 8,278 yards and 46 receiving touchdowns. He’s also tied for first in yards after the catch (4,248) with Antonio Brown since joining the league in 2010.