Giants' Updated Depth Chart, Salary Cap After Darren Waller's NFL Retirement

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New York Giants tight end Darren Waller has informed the team he plans to retire, per Ian Rapoport of NFL Network on Sunday.

The Giants confirmed Waller’s retirement, per Jori Epstein of Yahoo Sports.

Jori Epstein @JoriEpstein

Giants confirm the reports: TE Darren Waller is retiring.<br><br>Team statement: “We have great respect for Darren as a person and player. We wish him nothing but the best.”<a href=”https://twitter.com/YahooSports?ref_src=twsrc%5Etfw”>@YahooSports</a>

With the move, the Giants gain $11,625,200 in cap space, per Over the Cap. That gives the Giants some much-needed breathing room for 2024, as Big Blue was listed with just $1,095,031 in cap space for this upcoming season entering Sunday.

With Waller being designated as a post-June 1 cut, the team would now have $12,720,231 in cap space.

Without Waller, the team has six tight ends, per Big Blue Interactive: Daniel Bellinger, Jack Stoll, Chris Manhertz, Theo Johnson, Lawrence Cager and Tyree Jackson. Bellinger, the team’s fourth-round pick in 2022, figures to get the most work at the position now.

This article will be updated soon to provide more information and analysis.