Daniel Jones Released by Giants, Eyes New Opportunity Elsewhere | NFL News – Times of India

Daniel Jones parted with the New York Giants officially this last week. This season has been full of ups and downs both for Daniel and for the New York Giants; which prompted Jones to request his release from the team, which came through Friday and shocked everyone since this came as an abrupt decision in the middle of the season. After being released, Daniel Jones should clear waivers by Monday at 4 p.m.ET, thus making him a free agent. This way, any team interested in acquiring the veteran quarterback can speak with him and reach an agreement regarding his contract terms.

Jones to Clear Waivers and Hit Free Agency

Although the decision by the Giants to sack Jones is a heavy one, reliable sources suggest the wait for his new destination is not so long. Looking at his experience and potential, there’s a good chance that other teams will rush to sign him on once he is finally officially available.

Waiver Procedure and Financial Expense

Jones is being placed on waivers since should another team claim him off waivers, it would have to pay the remaining $11.83 million on his existing contract besides the $23 million injury guarantee for next season. Hence, the move to waive or even trade him was probably monetary: It was less expensive to let him go than it was to trade him. With the clearing of his waivers, Jones will directly be able to negotiate with teams without the cost burden for callers, which will make him an easier sell for a number of franchises that need a quarterback.
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What’s Next for Daniel Jones?

A bright future lies ahead of Daniel, who is finally released from the Giants. A couple of teams around the league seek quarterback solutions. And showing his upside in a new system and the ability to bounce back from an injury would bode well for Jones. Whether it’s as a starter or an essential backup, this career is far from being over for Jones. His career as a free agent begins now and fans can expect to see him back on the field, doing what he does the best, in no time.