Report: Slayton agrees to pay cut to stay with Giants

New York Giants wide receiver Darius Slayton agreed to drop his salary from $2.54 million to the league minimum of $965,000, ending speculation about his immediate future with the team, according to Tom Rock of Newsday.

Slayton, who was rumored to be a trade or release candidate ahead of the season, can reportedly earn back part of his salary through incentives. He's still scheduled to hit free agency after the 2022 campaign, added Rock.

The Giants excused the wideout from Tuesday's practice, fueling speculation that his exit from New York was imminent.

Slayton produced back-to-back 700-yard campaigns in his first two NFL seasons after the Giants selected him in the fifth round. But he struggled last year, finishing with only 26 catches for 339 yards and two touchdowns.

The 25-year-old fell further down the depth chart this offseason with second-round receiver Wan'Dale Robinson's arrival. Sophomore Kadarius Toney and veterans Kenny Golladay and Sterling Shepard are also in line to play ahead of Slayton.