The New York Giants have agreed to terms with former Baltimore Ravens punter , per Adam Schefter.
Stout becomes the second former Raven to follow John Harbaugh up I-95 to New York, and in doing so becomes the highest-paid punter in the NFL. Schefter reports that Stout will sign a three-year, $12.3 million contract to play for the Giants.
What it means for the Giants
The decision to sign Stout means that punter Jamie Gillan will be released. That will save $2.2 million in cap space. Stout, a Penn State product, Stout has averaged 47.5 yards per punt with the Ravens, up from Gillan’s 45.5 yard average in New York.
The Giants previously agreed to terms with former Ravens tight end Isaiah Likely, and it’s fitting that a tight end and a punter would be the Giants’ first two big additions under John Harbaugh. The Giants still have holes to address on offense and defense, but improving the special teams was a priority for Harbaugh.
It should not be surprising that Harbaugh would lay out market-setting resources for a punter. He is a former special teams coach, Baltimore’s special teams have annually been among the league’s best, and Harbaugh hired former Ravens special teams coordinator Chris Horton to run the Giants’ special teams.
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