Breaking News: Plaxico Burress Released by New York Giants

Kyle LanganAnalyst IApril 3, 2009

GLENDALE, AZ - FEBRUARY 03:  Wide receiver Plaxico Burress #17 of the New York Giants celebrates after he catches a 13-yard touchdown pass in the fourth quarter over Ellis Hobbs #27 of the New England Patriots during Super Bowl XLII on February 3, 2008 at the University of Phoenix Stadium in Glendale, Arizona. The Giants defeated the Patriots 17-14.  (Photo by Jim McIsaac/Getty Images)

According to ESPN, the New York Giants have just released wide receiver Plaxico Burress. He has taken a tumble since his Super Bowl-winning catch. New York has just increased their likelihood of trading for or drafting a receiver.

With the extra cap room and a few extra picks, a trade seems likely. Stay tuned for more on this.