Ravens Release LT Eugene Monroe After Trade Talks With Giants Fall Through

Update:

Veteran OT Eugene Monroe released a statement via his Twitter account Thursday regarding this recent release from the Ravens.

pic.twitter.com/sw4EOXJRZr

— Eugene Monroe (@MrEugeneMonroe) June 16, 2016

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ESPN’s Adam Schefter reports that the Ravens will be releasing veteran LT Eugene Monroe after trade talks with the Giants fell through on Wednesday.

• According to Schefter, the Giants, Chargers and Seahawks could all have interest in Monroe.
• Ian Rapoport adds that the Giants are a team to “keep an eye on” in regards to Monroe.
• Kimberly Jones reports that there’s “definitely a possibility” Monroe signing with the Giants.
• Dan Graziano reports that the Giants didn’t want to take on Monroe’s contract and still part with a draft pick.

Monroe was absent for the start of mandatory minicamp on Tuesday and it wasn’t long after that Ravens HC John Harabaugh confirmed that they were in trade talks involving Monroe.

However, it appears as though teams weren’t willing to part with much in return for a player who could be available at some point in the near future.

The Ravens already have a clear replacement in place with No. 6 overall pick OT Ronnie Stanley.

Monroe, 29, was in the third year of his five-year, $37.5 million contract that included $19 million guaranteed and set to make a base salary of $7.7 million for the 2016 season. However, the contract included no guaranteed money this year.

According to OverTheCap.com, releasing Monroe will free up $6.5 million in cap space while creating $2.2 million in dead money. Baltimore will also assume another $4.4 million in dead money next year

His 2015 season came to an end with him appearing in just six games for the Ravens and played 319 total snaps, according to Pro Football Focus.