Yesterday, New York placed Beason on season-ending injured reserve with a knee and ankle injuries, but this is the second straight year that his season has been cut short due to injury.
On top of that, the Giants could free up a sizable amount of cap space by parting ways with him in 2016, which was made possible after they reworked his contract several months ago.
Beason, 30, signed a three-year, $16.8 million contract that includes $6.03 million guaranteed. He stands to make $1.9 million and $2.8 million over the remainder of the deal.
According to OverTheCap.com, releasing Beason would free up $5.1 million cap space while creating $1,466,668 in dead money for the 2016 season.
Beason’s 2015 season ended with him recording 18 tackles over the course of five games.