Nugent, 36, is a former second-round pick of the Jets back in 2005. He has spent the past six seasons with the Bengals but has really struggled this year.
Nugent was in the final year of his two-year, $3.5 million contract and set to make a base salary of $1.2 million for the 2016 season when the Bengals cut him loose in December of 2016.
The Giants signed Nugent to a contract during the season but he was cut loose soon after and caught on with the Bears. The Raiders signed Nugent to a contract during the preseason.
In 2018, Nugent appeared in three games and converted all six field goal attempts and made four of five extra point tries for the Raiders.
McCrane, 24, wound up signing on with the Cardinals as an undrafted free agent out of Kansas State back in May. He signed a three-year, $1.71 million contract with the Cardinals and was set to make a base salary of $485,000 for the 2018 season when he was waived coming out of the preseason.
During his four-year college career at Kansas State, McCrane converted 57 of 66 field goal attempts (86.4 percent) to go along with 133 of 134 extra point tries over the course of 38 games.