In what is likely to be the first of several cuts to clear cap space, the New York Jets have released veteran kicker Nick Folk and veteran offensive lineman Breno Giacomini. The moves will save the Jets approximately $7.5M in cap space.
Folk, 32, has been with the team for seven years and delivered some clutch kicks along the way, including the game-winning kick as time expired at Indianapolis in the divisional round of the 2010 playoffs, and a 50-yard kick with 27 seconds remaining in a dramatic come-from-behind win against his former team, the Dallas Cowboys, on the 10th anniversary of September 11th in 2011.
Giacomini, 31, brought a much needed element of toughness and grit to the Jets offensive line during his three seasons with the team, but struggled in pass protection and had a knack for committing foolish penalties. His diminishing play during an injury plagued season, combined with a high cap number, made this an easy decision for GM Mike Maccagnan.
While the Jets will explore all options in free agency, it would not be a surprise to see internal options starting at kicker (Ross Martin) and right tackle (Brandon Shell) in 2017.