Kenny Phillips will reportedly test the free agent market

According to Ralph Vacchiano of the New York Daily News, Giants safety Kenny Phillips will test the free agent market after listening to the Giants’ offer.

The Giants made an offer to safety Kenny Phillips in the hopes of keeping him off the open market. But it wasn’t nearly enough, according to an NFL source, and any chance of Phillips re-signing in the next few days appear gone.

Phillips, according to the source, will become an unrestricted free agent when the market opens on March 12, barring a last-ditch effort from the Giants. He would still prefer to re-sign with the Giants, the source said, and it appears the Giants would like to keep him.

But the price, so far, has not been right.

It wasn’t immediately clear what Phillips is looking for in a new contract, but the Giants are apparently being cautious with the 26-year-old who missed nine games last season with a sprained right MCL. He also had major surgery on his left knee back in 2009 and hasn’t really been the same player since.

Phillips is certainly a talented player, but I can’t blame the Giants for being cautious due to his knee issues.

Stevie Brown came in during the 2012 season and outplayed Phillips who missed time with a sprained MCL.