The New York Giants held on as long as they possibly could, hoping the trade market for veteran cornerback James Bradberry would develop. But that did not happen and on Monday, the team was forced to cut their losses.
The Giants will release Bradberry, clearing $10.1 million from the 2022 cap but leaving them with $11.7 million in dead money, according to Dan Duggan of The Athletic.
The Giants are releasing CB James Bradberry after failing to find a trade partner, per source. The move will create $10.1M in cap savings while leaving $11.7M in dead money.
(Savings will be $11.5M with $10.4M dead this year and $1.4M dead in 2023 if they make it a June 1 cut)
— Dan Duggan (@DDuggan21) May 9, 2022
Bradberry had signed a three-year, $43.5 million deal with the Giants in 2020 that included $32.98 million fully guaranteed. He restructured the contract last season after the team’s available space dwindled to almost nil.
A second-round pick of Dave Gettleman and the Carolina Panthers in 2016, Bradberry has established himself as one of the league’s best cover corners. He has the second-most passes defensed since 2019 and earned his first Pro Bowl nod in 2020.
In 92 career games (91 starts), Bradberry has recorded 380 tackles (303 solo, seven for a loss), three QB hits, 3.0 sacks, four forced fumbles, 82 passes defensed and 15 interceptions.
More to come…