This is good news for Giants fans, as rumored destinations were Minnesota and Washington. Jackson would have been a perfect fit for either team, and he would have made the revitalized Redskins much more dangerous.
You have to question the wisdom of Chargers GM AJ Smith, who let his ego get in the way of improving his team. If I were a Chargers fan, I'd be furious right now. If Jackson doesn't play for the Chargers this year, Smith has a disaster on his hands.
Furthermore, this is a big hit for my fantasy team, the Rochester Rainbow Cookies, who will now have to look elsewhere for wide receiver help. That's just how the cookie crumbles.