Updated: March 9, 2012, 4:57 PM ET
By Ohm Youngmisuk | ESPNNewYork.com
It has to be a tough parting for Brandon Jacobs and the Giants, even though both sides saw it coming for months, writes Dan Graziano. Blog
The team wanted to reduce Jacobs’ salary to create more cap flexibility. Jacobs said he was open to the idea as long as it was fair.
But both sides could not come to an agreement, as the Newark Star-Ledger first reported. Jacobs was due a $500,000 roster bonus in March to go along with the $4.4 million he was due this season.
“As long as it is fair,” Jacobs said last month about taking a pay cut to remain with the Giants. “I just want everything to be fair. I feel like I put a lot of hard work and dedication into what I do as well and whatever their plans are to try to keep me around here, hopefully we can get it discussed and get things figured out because this is where I want to be.
“As an organization, they have been doing this stuff for years and they know what they have to do if they want to keep me around and indeed I want to be around,” he continued. “I want to retire as a Giant. Those guys have been working in the business long enough to know what they have to do to make it happen.”
The team recently restructured Eli Manning‘s contract to create nearly $7 million in cap space. The Giants may still have to some other moves to make since they have 20 unrestricted free agents and would like to re-sign the likes of cornerback Terrell Thomas and middle linebacker Jonathan Goff.
Jacobs, the Giants’ fourth-round pick in 2005, is fourth in franchise history with 4,849 rushing yards and has a franchise record 56 rushing touchdowns.
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