The New York Giants have announced the release of linebacker Bobby Okereke to free up $9 million in salary cap space. This move comes as he enters the final year of a four-year, $40 million deal he signed in 2023. The move will create a dead cap hit of $5.4 million and create an opening in the middle of the Giants' defense. The team is likely to revamp their entire inside linebacker position, with Micah McFadden potentially returning from foot surgery and impending free agent. The announcement comes as part of the team's strategy to reduce the salary cap. There will be more cap casualties as the free agency negotiating period begins March 9 and signings can be made official on March 11.