Golden Tate’s time in New York is over
ESPN NFL Insider Adam Schefter reported on Wednesday night that the New York Giants are releasing wide receiver Golden Tate after two years with the organization.
Releasing Tate will save New York $6 million cap space in a year where the salary cap isn’t expect to go up much at all. This move doesn’t come as a surprise with the Giants having to free up cap space and the fact that his role within Big Blue’s offense shrunk in 2020. He only caught 35 receptions for 388 yards and two touchdowns this past season.
This is also a sign that the Giants will of course either look for a number one wide receiver in free agency or within the first three rounds of this year’s NFL Draft.
Tate is still a good player that can help a team, but with the cap going up much in 2021, he likely won’t get more than a one year deal at around the veteran minimum.
With Tate departing, none of the free agents that the Giants signed in 2019 are still on the team. That class included Tate, safety Antoine Bethea, linebacker Markus Golden, defensive end Olsen Pierre and offensive lineman Mike Remmers.
The Giants are also releasing linebacker David Mayo. Ian Rapoport of the NFL Network reported on the Mayo release. Releasing him will save the team $2.3 million in cap space.