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Following the announcement, the 29-year-old athlete took to social media to address his departure. In a statement posted to X, Slayton expressed gratitude for his time in New York, describing the franchise as one of the most prestigious in the NFL and noting his anticipation for the next chapter of his professional career.
Financial and Roster Considerations
The decision to release Slayton comes as a surprise to many, particularly given the three-year, $36 million contract extension he signed just last year. That agreement included $9.75 million in guaranteed money for the 2026 season. According to financial data from Spotrac, the Giants were approximately $953,427 over the salary cap prior to the move. By releasing the veteran, the team secures $2.5 million in savings, though the move leaves the franchise with roughly $12.7 million in dead money for 2026 and an additional $3 million for 2027 due to previously paid guarantees.
While the team likely evaluated potential trade opportunities, the structure of Slayton's contract reportedly complicated the search for a partner. His departure also follows a 2025 season in which his statistical output dipped, recording 37 receptions for 538 yards and a single touchdown—his lowest production since 2021. His preparation for the current year was further hampered by double sports hernia surgery, which sidelined him for the entirety of the spring offseason program.
Shifting Dynamics in the Receiver Room
The Giants' decision reflects a broader shift in the team's offensive strategy and depth chart. The emergence of rookie Malachi Fields, paired with the unexpected return of Odell Beckham Jr., created a more crowded and competitive environment for wide receivers. With Malik Nabers and Fields expected to anchor the team's two-receiver sets, and veterans like Darnell Mooney also expected to play significant roles, Slayton faced the prospect of reduced playing time or being inactive on game days.
Looking ahead, the team is expected to adjust its depth by potentially elevating Braxton Berrios from the practice squad. Berrios has been viewed by the organization as a key depth piece, with plans for him to manage punt-return duties. These roster adjustments underscore the Giants' efforts to manage both their financial obligations and their personnel requirements as they finalize their lineup for the 2026 campaign.
