In an expected move, the Jets have decided to part ways with right tackle Breno Giacomini. Breno was limited to just five games last year after experiencing a lot of problems with his back. Brandon Shell, the rookie out of South Carolina showed enough ability in 2016 to give the Jets confidence in releasing the veteran.
Before 2016, Breno played in 32 games for the Jets between 2014 and 2015. He was a Super Bowl winner in 2013 with the Seattle Seahawks. Unfortunately he largely underwhelmed in a Jets uniform and never really made you believe that the right tackle position was a strength of the unit.
Breno signed a 4 year $18 million contract before the 2014 season. By cutting him at this point, the Jets have created $4.5 million in cap space with only $625,000 in dead money.
The Jets have also announced the departure of Nick Folk
Nick Folk has been largely consistent for the Jets. In fact he ranks 2nd on the Jets all time list with 729 points, behind Pat Leahy (304)
Folk made a number of clutch kicks for the Jets. He even set a new record for consecutive kicks made to start the 2013 season with 23. He finished up with a 91.7% success rate on field goals that year.
Folk joined the Jets in 2010 and hit 81.3% of his field goals over a 7 year period. Speaking to the official Jets site, Folk stated:
"It's a sad day, but that's the business side of things," Folk said as he finished cleaning out his locker at the Atlantic Health Jets Training Center this afternoon. "I had a great seven years here. I think the only thing that would've topped it off would'e been a couple of Super Bowl wins.
"There's been a great group of guys in this locker room from 2010 till now. I can't thank Mike Tannenbaum, Rex [Ryan], John Idzik, Todd [Bowles] and Mike Maccagnan enough for keeping me around for seven years. This was our second home. It's been a lot of fun and my wife and I have enjoyed every minute of it."
By cutting Folk, the Jets have saved $3.593,334 with a dead cap of $593,334. So as you can see, it was a very logical cut to make for the front office.
So with the $4.5 mill saving with Breno and the $3.5 million saving with Folk. The Jets have created around an extra $8 million today, on top of the $10 million they created by releasing Ryan Clady. So we're up to $18 million and counting in terms of savings.