Rodgers-Cromartie, 31, had been set for the final year of a five-year, $35 million contract. He would have counted $8.5 million against the salary cap in 2018, and the Giants will save $6.5 million by releasing him.
On Instagram, Rodgers-Cromartie thanked the Giants in a post Sunday morning.
Before deciding to release him, the Giants had asked Rodgers-Cromartie to take a pay cut but he declined. They also considering trying him at free safety, a source told Raanan. The two-time Pro Bowler has played cornerback his entire 10-year career, starting on the outside early in his career before being shifted inside to the slot the past two seasons.
Rodgers-Cromartie has 30 career interceptions but was held without one in 2017 after matching his career high with six in 2016.