According to the NFL's daily transaction wire, linebacker Josiah Tauaefa was also removed from the reserve/COVID-19 list one day after being placed on it.
Beal becomes the third Giants player to take the opt-out route, joining offensive tackle Nate Solder and wide receiver/kick returner D'Mari Scott. Under the agreement reached between the NFL and NFLPA, players had the option of opting out of the upcoming season without penalty by 4 p.m. on Thursday. The opt out is irrevocable.
The Giants already had question marks at cornerback prior to Beal's decision. Cornerback DeAndre Baker is on the commissioner's exempt list and faces charges of armed robbery and aggravated assault with a firearm. He is unlikely to play another snap with the Giants.
Baker was a first-round pick last year. Beal was a third-round supplemental pick out of Central Michigan in 2018 who missed his entire rookie season with a shoulder injury. He played in six games with three starts last season and finished with 25 tackles and one pass defended. He missed the season finale with a shoulder injury.
Beal, 23, was expected to be in the mix, along with second-year cornerback Corey Ballentine, for a starting spot opposite offseason acquisition James Bradberry. Rookie fourth-round pick Darnay Holmes also appears to be in serious contention for the job.
Beal's absence now leaves the Giants with an obvious void and a lack of depth. A source indicated recently -- even before Beal's opt out -- that the team was searching for cornerback help on the waiver wire or via free agency. Among the options on the open market are veterans Logan Ryan, Aqib Talib and Dre Kirkpatrick.
New coach Joe Judge has firsthand experience with Ryan and Talib from their time in New England. Ryan appears to be the most likely option, especially since the Giants will gain $13.55 million in salary-cap space from Solder's decision to sit out the 2020 NFL season.