2.) Golden Tate
Golden Tate is a player who actually holds decent value for the New York Giants. As an 11 year veteran with 11 playoff games of experience, Tate is a security blanket for Daniel Jones in the slot and can play on the boundary as well. Last year, he had a career-low 57.6 completion rate (minus his rookie season) with six touchdowns and 676 total receiving yards.
Tate’s contract is where things get tricky, as the Giants owe him $10.35 million in salary this year. After the 2020 season, they have an out that would count $4.7 million in dead cap compared to $7.5 this year. However, they have a ton of young wide receivers looking to gain a hold on an active roster spot. With players like CJ Board, Austin Mack, and David Sills making waves during camp, saving about $4 million by cutting Tate makes logical sense.
In fact, they could pay off the rest of his contract now and walk into 2021 without any dead cap allocations. This would further open up their mobility in free agency next year when they feel more competitive.