Report: Giants will release Brandon Jacobs

The pay cut Brandon Jacobs needed to take to stick with the New York Giants did not happen.

The running back will be released today, according to Mike Garafolo of the Newark Star-Ledger.

Jacobs was due a $500,000 roster bonus this month and a base salary of $4.4 million this season. With the Giants in a somewhat tight salary-cap position – and with Jacobs splitting time the past few seasons – it was far too much to pay him.

Per Garafolo, one final attempt to reach a much lower salary figure was made today. It didn’t happen and now Jacobs will become a free agent after seven seasons with the Giants. His 56 rushing touchdowns are the most in franchise history.

Jacobs could probably help some teams but he’s not going to be an every-down back and he probably will not come anywhere close to $4.9 million for the 2012 season.

Follow me on Twitter: @BradBiggs

Brad Biggs covers the Bears for the Chicago Tribune

Upcoming Games

Sep 19th, 1:00 PM

Cincinnati +5.5 -118

Chicago -5.5 -118

@

Sep 19th, 1:00 PM

Buffalo -3 -118

Miami +3 -118

@

Sep 19th, 1:00 PM

Houston +13 -111

Cleveland -13 -111

@

Sep 19th, 1:00 PM

New England -4.5 -111

NY Jets +4.5 -111

@

Sep 19th, 1:00 PM

Denver -2.5 -105

Jacksonville +2.5 -105

@

Sep 19th, 1:00 PM

San Francisco -5.5 -111

Philadelphia +5.5 -111

@

Sep 19th, 1:00 PM

LA Rams +1 -105

Indianapolis -1 -105

@

Sep 19th, 1:00 PM

Las Vegas +6 -111

Pittsburgh -6 -111

@

Sep 19th, 1:00 PM

New Orleans -3 +100

Carolina +3 +100

@

Sep 19th, 4:05 PM

Minnesota +1.5 -111

Arizona -1.5 -111

@

Sep 19th, 4:05 PM

Atlanta +7 -111

Tampa Bay -7 -111

@

Sep 19th, 4:25 PM

Tennessee +4.5 -105

Seattle -4.5 -105

@

Sep 19th, 4:25 PM

Dallas +1 -111

LA Chargers -1 -111

@

Sep 19th, 8:20 PM

Kansas City -1 -111

Baltimore +1 -111

@

Sep 20th, 8:15 PM

Detroit +7 -111

Green Bay -7 -111

@

Sep 23rd, 8:20 PM

Carolina -4.5 -110

Houston +4.5 -110

@

Sep 26th, 1:00 PM

Indianapolis +3 -115

Tennessee -3 -115

@

Sep 26th, 1:00 PM

LA Chargers +7.5 -107

Kansas City -7.5 -107

@

Sep 26th, 1:00 PM

Washington +7 -102

Buffalo -7 -102

@

Sep 26th, 1:00 PM

Chicago +8.5 -107

Cleveland -8.5 -107

@

Sep 26th, 1:00 PM

Atlanta +2.5 -107

NY Giants -2.5 -107

@

Sep 26th, 1:00 PM

Cincinnati +6.5 -107

Pittsburgh -6.5 -107

@

Sep 26th, 1:00 PM

Baltimore -7.5 -110

Detroit +7.5 -110

@

Sep 26th, 1:00 PM

New Orleans -0.5 -110

New England +0.5 -110

@

Sep 26th, 1:00 PM

Arizona -6 -110

Jacksonville +6 -110

@

Sep 26th, 4:05 PM

Miami +1 -107

Las Vegas -1 -107

@

Sep 26th, 4:05 PM

NY Jets +7.5 -107

Denver -7.5 -107

@

Sep 26th, 4:25 PM

Tampa Bay +2.5 -110

LA Rams -2.5 -110

@

Sep 26th, 4:25 PM

Seattle -2.5 -107

Minnesota +2.5 -107

@

Sep 26th, 8:20 PM

Green Bay +3 -107

San Francisco -3 -107

@