Report: Giants Release LB Michael Boley

Mike Garafolo reports that the Giants released LB Michael Boley on Tuesday.

Garafolo adds that the move was somewhat surprising given that they could have approached him regarding a pay cut.

Boley, 30, was benched for the final three games of the season, so his $4.25 million salary was an obvious target to be cut. He signed a five-year, $25 million contract back in 2009. This move will save the Giants $3.1 million in cap space, according Adam Caplan.

Pro Football Focus rated him as one of the worst qualifying 4-3 outside linebackers in the league.