Report: Giants waive Chad Jones

The New York Giants have waived rookie safety Chad Jones with the intention of placing him on the reserve/non-football injury list.

According to Ralph Vacchiano of the New York Daily News, the moves means that the Giants are not obligated to pay Jones any of his salary from the $2.6 million, four-year rookie contract he signed in the weeks before he was seriously injured in a one-car accident in New Orleans. Jones received a signing bonus worth $825,000. His base salary for this season was $320,000.

The transaction exposes Jones to the waiver process, but no team will put in a claim for a player whose NFL future is uncertain, at best. Jones was released earlier this week from the Hospital for Special Surgery and will require additional surgery in six to eight weeks. Giants general manager Jerry Reese told the Daily News his hope is “Chad can have a normal life and walk without a limp.” Jones suffered injuries to his leg and needed surgery to save his foot.

By placing Jones on the reserve list, the Giants will control his rights. Vacchiano speculates that the team will pay Jones a portion of his salary, “though they’re likely to consider the cost of his medical care.”

With the available roster spot, the Giants claimed defensive end Alex Hall off waivers from the Philadelphia Eagles.

Follow me on Twitter: BradBiggs

Ready for fantasy football? Click here to purchase the 2010 Total Access Pass/Draft Guide from the NFP

Upcoming Games

Jan 16th, 4:35 PM

LA Rams +6.5 -110

Green Bay -6.5 -110


Jan 16th, 8:15 PM

Baltimore +2.5 -120

Buffalo -2.5 -120


Jan 17th, 3:05 PM

Cleveland +10 -105

Kansas City -10 -105


Jan 17th, 6:40 PM

Tampa Bay +3 -115

New Orleans -3 -115