The Athletic's Dan Duggan reports Sterling Shepard's contract was automatically voided, making him a free agent.
Shepard was under contract for 2023 but a stipulation in his contract automatically voided the final year of his deal three days after the Super Bowl. The clause was added last offseason when Shepard agreed to a restructured contract, so this was always the exit plan for the G-Men. The Giants will absorb a $4.3 million hit in dead cap to part ways with the oft-injured Shepard, who suffered a torn ACL in Week 3 last season. In seven seasons with the team, Shepard caught 362 passes for 4,038 yards and 22 touchdowns, dealing with a myriad of injuries along the way. Over the last two years, Shepard has appeared in just 10 regular season games and hasn't played in more than 12 games since 2018. When healthy, he's a serviceable WR2 who's capable of playing both out wide and in the slot. He'll likely land elsewhere on a one-year prove-it deal this offseason.
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Dan Duggan on Twitter
Feb 15, 2023, 11:15 AM ET