[UPDATE NO. 2: It's all over 'Twitter,' from Mike Garafolo, Pat Hanlon, Ralph Vacchiano and others. The Giants have placed Kenny Phillips on IR and have been awarded safety Aaron Rouse off waivers from the Green Bay Packers.]
[UPDATE: There seems to be a lot of mystery about Phillips right now, and whether he will go on IR or not. Tom Coughlin is dancing around the KP question, and there seems to be an expectation that some type of roster move will be made later this afternoon. -- Ed V.]
Ernie Palladino is reporting that Kenny Phillips may have to go on injured reserve due to his knee injury.
The second-year safety and former first-round pick, who grabbed two interceptions against the Cowboys this past Sunday, might be placed on injured reserve soon, according to someone informed of the coming transaction. The person requested anonymity because the transaction hasn't been announced yet.
While this is bad news, I think we can all agree it isn't totally unexpected. We all know his knee was going to be a year long problem, but it is starting to sound like the pain is just too much to make him effective.