"Brandon has truly been a great Giant," general manager Reese said. "These times are always very hard for me. We had a very good conversation today. We don't know what the future holds for Brandon, but we wish only the very best for him and his family."
Head coach Tom Coughlin also complemented Jacobs.
"Brandon helped us win two world championships," Coughlin said. "He always did what was in the best interest of team. No matter what you asked him to do, he performed and played in whatever role we asked him to perform. He really was a team player.
"I have always felt like Brandon could be counted on. He's a guy that is very, very good in meetings for me. He pays attention. He picks up on the message. He loves the excitement of the game. He loves everything about it - the pregame routine, the talking to his teammates, trying to motivate his teammates. He loves every part of it."
Jacobs has, at times, spoken rashly over the years. Friday, he had nothing but good things to say.
"I might be leaving, but my name will stay. The fans have been great for me. Everything has been good. A standup organization. I was very close with a lot of people in the organization. They're all a bunch of great people. The Mara family, the Tisch family, everybody's great. I just want to thank them for the opportunity that they've given me.
"But it's time to move on. We tried, couldn't reach an agreement. It's been great, though. I can't say anything negative about anybody in the organization. (Running backs coach) Jerald Ingram, hands down, probably the best coach I've ever experienced as an athlete. He knows so much about the game and I learned a lot from him as well."