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Giants release Brandon Jacobs

Updated: March 10, 2012, 5:37 PM ET
By Ohm Youngmisuk | ESPNNewYork.com

The New York Giants have released Brandon Jacobs after the team and the running back were unable to come to terms on a restructured deal.

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 they could not come to an agreement. Jacobs was due a $500,000 roster bonus in March to go along with the $4.4 million he was due this season.

Jacobs, the Giants' fourth-round pick in 2005, is fourth ...

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