Black Monday: Tom Coughlin steps down from Giants

New York Giants QB Eli Manning talked about the respect he has for Tom Coughlin, saying ‘he didn’t fail as a coach, we failed him as players.’

The NFL coaching carousel always takes centre stage the day after the NFL regular season comes to an end.

The big day on the NFL calendar has been dubbed as Black Monday because of all the firings that routinely take place as soon as the season ends.

The Philadelphia Eagles got things started a bit early with the firing of Chip Kelly last week and more big moves took place on Sunday night.

Check back here for all the latest moves and happenings as the news on Black Monday rolls in:

Colts extend Chuck Pagano, Ryan Grigson (9:50 P.M. ET)
Despite plenty of buzz heading into Monday, the Indianapolis Colts have extended both head coach Chuck Pagano (four years) and general manager Ryan Grigson (three years). The decision came as a slight surprise considering the team's struggles on the field this season and Grigson's poor player personnel track record, but sometimes continuity is the best option (just ask the Cleveland Browns).

Chargers let go OC Frank Reich, five other assistants (3:30 P.M. ET)
The Chargers announced Monday that Mike McCoy will be retained as head coach, but it appears there will be some changes to his staff. The first domino to fall: offensive coordinator Frank Reich along with five other assistants.

Tom Coughlin steps down as head coach (2:33 p.m. ET)
After a 12-year-run that included two Super Bowls, the Giants will have a mew head coach in 2016. The team released a statement Monday to announce that Tom Coughlin has stepped down from his position.

“I met with John Mara and Steve Tisch this afternoon, and I informed them that it is in the best interest of the organization that I step down as head coach," Coughlin said in a statement. I strongly believe the time is right for me and my family, and as I said, the Giants organization."

Titans make front office changes (12:51 p.m. ET)
The Titans already fired head coach Ken Whisenhunt during the season and continued their overhaul by letting go GM Ruston Webster. Interim head coach Mike Mularkey will be considered for the vacant head coach position while Steve Underwood was promoted to team president.

Dolphins name Chris Grier as general manager (12:03 p.m. ET)
The Dolphins will be looking for head coach this off-season but brought more certainty to their front office with the official announcement of Chris Grier as general manager. Grier is the brother of former NHLer Mike Grier.

49ers pull plug on Jim Tomsula after one year (Sunday)
After a 5-11 season in which the San Francisco 49ers missed the playoffs, the club has decided to move in a different direction as head coach. Owner Jed York says the team will retain GM Trent Baalke, who will hand-pick the next coach of the club.

Cleveland Browns make big changes (Sunday)
The Cleveland Browns finished dead last in the standings this season, so owner Jimmy Haslam decided to move on from the current regime. Both head coach Mike Pettine and general manager Ray Farmer were let go on Sunday following a loss to the Pittsburgh Steelers.