I've heard that Galloday is going to be a post June 1st cut
"The Giants have $14.4M in cap space according to the NFLPA after the Jones and Davis signings and the Saquon tag (it counts on the cap as soon it's applied). They'll create another ~$6M when Golladay is released on Wednesday.
That's plenty of room, especially with avenues to create more space (extensions for Saquon and Dexter Lawrence, *something* with Leonard Williams' contract)."
Making him a pre-June 1 cut saves $6.7 million, but the savings it does generate could be used when free agency opens on March 15 but $6.8m cap hit in 2024
Making Golladay a post-June 1 cut saves $13.5 million but that savings does not take effect until June well after free agency opens but there will be no cap hit in 2024