Mike Garafolo of FOX Sports reports that the Giants are releasing WR Preston Parker on Tuesday to make room for DT Kenrick Ellis, who is being signed to their active roster.
Parker, 28, originally signed on with the Buccaneers as an signed undrafted free agent out of North Alabama back in 2010. He spent two years in Tampa Bay before catching on with the Saints in 2013.
The Giants elected to sign him to a future/reserve contract back in January, but it appears as though they prefer their other options at receiver moving forward.
According to OverTheCap.com, releasing will free up $660,000 in available cap space while creating no dead money.
This season, Parker has appeared in two games for the Giants and recorded five catches for 43 yards receiving and no touchdowns.
Looking for the latest NFL Insider News & Rumors?
Be sure to follow NFL Trade Rumors on TWITTER and FACEBOOK for breaking NFL News and Rumors for all 32 teams!
5 catches
10 drops