Mallett was with the Eagles in camp last season. He rushed for 60 yards and a touchdown on 15 carries in the preseason opener before gaining only 37 yards on his final 12 attempts of the preseason. He was briefly on the team's practice squad before being released. He was later on the Browns' practice squad for two months and returned to the Eagles' practice squad for the postseason.
The Giants have now signed 11 players to reserve/future deals since the end of last season.
What is a reserve/future contract? Funny you should ask.....
Players signed to “reserve/future” contracts means they are being signed for the 2011 season even though that season does not officially begin until March. Only players who were not on any NFL team’s active roster when the 2010 season ended are eligible for such signings; if they were under contract, then they would remain so until March. Players who were on practice squads at the end of the season are eligible to sign with any team.