GIANTS CUT GEOFF SCHWARTZ, WILL BEATTY, AND JON BEASON…
According to multiple press reports, the New York Giants have released offensive guard Geoff Schwartz, offensive tackle Will Beatty, and linebacker Jon Beason. All three were expensive, injury-prone players. ESPN.com is reporting that Schwartz and Beatty were not asked to accept pay cuts. Beason may actually retire. (Late Note: Beason officially announced his retirement). Assuming these moves are designated pre-June 1st moves, the combined moves are believed to create an additional $12.27 million in cap space. It is believed that the Giants are currently about $55-60 million under the 2016 NFL salary cap.
After starting 11 games at guard, Schwartz was placed on Injured Reserve in December 2015 after he fractured his lower left leg in Week 12. Schwartz also missed 14 games in 2014 in his first season season with the Giants due to toe and left ankle injuries that both required surgery. He signed with the Giants as a free agent in March 2014. Schwartz had two years left on his current contract. He was scheduled to make $3.925 million in salary in 2016 and count $4.908 million against the 2016 salary cap. Cutting Schwartz saves the Giants $2.992 million against the cap with $1.917 million in dead money.
Beatty was placed on the Reserve/Physically-Unable-to-Perform (PUP) List in September 2015 as he was still recovering from surgery to repair a torn pectoral muscle he suffered in May lifting weights. He remained on the PUP the entire season as a rotator cuff injury that required surgery also became an issue. Since Beatty was drafted in the 2nd round of the 2009 NFL Draft by the Giants, he has had issues staying healthy, including a broken foot in 2010, a detached retina in 2011, a back injury that caused him to miss offseason work in 2012, the broken leg in 2013, and the pectoral tear and rotator cuff injuries in 2015. Beatty had two years left on his current contract. He was scheduled to make $6.625 million in salary in 2016 and count $9.175 million against the 2016 salary cap. Cutting Beatty saves the Giants $4.175 million against the cap with $5 million in dead money.
Beason missed the first two games of the 2015 season with knee issues, played in five games, and then missed another before being placed on Injured Reserve with knee and ankle injuries. He finished 2015 with just 18 tackles. Beason has been an injury-prone player since 2010, not playing in more than five games in four of the last five seasons due to various injuries. The Giants acquired Beason in a trade with the Panthers in October 2013. He played in 12 games with the Giants in 2013, starting his last 11 at middle linebacker, and accruing 93 tackles and one interception. Beason’s 2014 NFL season was basically wiped out due to a ligament tear and fracture to the sesamoid bone in his right foot during an OTA practice on June 12. He ended up playing in only four games and finished the season with just 11 tackles. Beason had one year left on his current contract. He was scheduled to make $2.8 million in salary in 2016 and count $6.567 million against the 2016 salary cap. Cutting Beason saves the Giants $5.1 million against the cap with $1.467 million in dead money.
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