The decision comes after Jones, who was recently benched and relegated to fourth-string status, approached team officials to request his release, which the Giants confirmed on Friday.

Giants president John Mara expressed respect and appreciation for Jones in an official statement on the social media platform X. "Daniel has been a great representative of our organization, first class in every way," Mara stated. "We are all disappointed in how things have worked out. We hold Daniel in high regard and have a great appreciation for him. We wish him nothing but the best in the future."

Jones addressed the media on Thursday for the first time since news of his benching came out. Reflecting on the situation, he remarked, "This is football. We're in a business where you're expected to get results and we weren't doing it."

During his time with the Giants, Jones led the team to a 24-45-1 record, with just one playoff appearance. The Giants currently hold a disappointing 2-8 record for the season and are expected to draft a new quarterback in the upcoming season. Prior to this season, Jones had signed a substantial four-year, $160 million contract extension following a strong performance in 2022 that saw the Giants back in playoff contention.

However, the recent season did not go as hoped for Jones, who struggled with injuries. He missed games due to a neck injury and his season was prematurely ended after Week 9 by a torn ACL in his right knee. At 27 years old, Jones's release was anticipated as a cost-saving measure, potentially freeing up to $20 million in cap space for the Giants next season.

Jones was initially drafted sixth overall from Duke University in 2019, creating significant expectations that ultimately did not materialize. As the Giants look to rebuild, Jones now faces the next chapter of his professional career.