The New York Jets and Giants are having a dismal 2024 NFL season, with a combined record of 5-16, as the Jets sit at 3-8 and the Giants at 2-8.

Both teams are struggling significantly, with the Giants at the bottom of their conference and having recently benched their starting quarterback, Daniel Jones.

The Jets' quarterback situation is equally troubling, as Aaron Rodgers, who was expected to lead the team, is recovering from an Achilles injury sustained in his first game last season.

Neither team has a reliable quarterback solution, with speculation that Jones may be cut after his underwhelming performance.

The Giants could create additional salary cap space by releasing Jones, while the Jets face challenges in restructuring contracts, particularly with Rodgers.

In terms of financial flexibility for the upcoming offseason, the Giants have an advantage with $42.3 million in cap space compared to the Jets' $33.9 million.

Despite their struggles, both teams have a few elite players, known as 'blue-chip' building blocks, which are crucial for their future rebuilds.

Key players for the Jets include Garrett Wilson and Quinnen Williams, while the Giants boast talents like Andrew Thomas and Dexter Lawrence.

Looking ahead, the Jets face a complicated draft situation due to trades, while the Giants expect to receive compensatory picks, giving them a potential edge.

The future success of both franchises will hinge on their ability to hire effective coaching and front office staff, as well as finding a franchise quarterback.

Both teams have already made significant changes, with the Jets firing their head coach and general manager, and the Giants also expected to make coaching staff adjustments.

Historically, the Jets and Giants have faced similar challenges, often mirroring each other's failures over the years, which adds to the disappointment of their loyal fanbases.