WEDNESDAY, 3:29pm: The Giants’ deal with Schofield is considered dead, writes the Star-Ledger’s Jordan Raanan.
1:51pm: The Giants’ deal with Schofield hasn’t necessarily been scrapped, says Ralph Vacchiano of the New York Daily News. However, the team may no longer be willing to pay him $8MM for two years, which could prompt the linebacker to look elsewhere (Twitter links).
1:35pm: The Giants’ deal with Schofield is now on hold, according to Ian Rapoport of NFL.com, who reports that the club has concerns about the linebacker’s physical, due to potential knee problems (Twitter link).
TUESDAY, 5:04pm: The Giants agreed to terms on a two-year deal with linebacker O’Brien Schofield, reports Pro Football Talk (via Twitter). The contract is worth $8MM. Schofield spent his four seasons in the NFC West, as a backup linebacker with the Cardinals and last year with the Seahawks.