From the ESPN New York site:
The New York Giants signed safety Chad Jones, the first of their 2010 draft picks, on Friday.
The Giants announced late in the afternoon that Jones signed a deal and that the team also waived kicker Sam Swank to make room for Jones on the 80-man roster.
Interesting that they were able to ink Jones before any of the others as well as this early in the offseason. I am just glad that we have him on board, although I hope he sees little time this season, leaving Phillips able to shine.