Thursday, March 4, 2021

Giants release veteran wide receiver Golden Tate in cost-cutting move

EAST RUTHERFORD, N.J. -- Wide receiver Golden Tate has been released by the New York Giants in a cost-cutting move.

"I appreciate the conversations and professionalism the Giants management showed me earlier today," Tate wrote Wednesday on social media. "Always a class-act organization from start to finish, your respect means the world to me and my family."

The move creates $6 million in cap space for the Giants, $10 million if he is designated a post-June 1 cut. Tate was to make $8.5 million and count $11 million against the salary cap in 2021. 

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