Rudolph posted an apparent farewell message to the Giants via his official Twitter account Wednesday.
EDGE Analysis
Rudolph didn't explicitly mention a release, but his goodbye and thank you message appears to point in that direction. The veteran tight end being cut would free up roughly $5 million in cap space for New York, with $2.4 million in dead money, per Pat Leonard of the New York Daily News, who also reports a league source concurring Rudolph's coming release. It shouldn't be long before the Giants make the situation official.