The New York Giants signed recently released punt return-man Chad Morton on Saturday and cut 3rd string quarterback Jesse Palmer. Morton singed a one-year, $450,000 contract and should take over the main role as punt returner when the season begins. "He's a playmaker," Coughlin said in a statement. "(He's) a guy that's done it in the past, not only as a punt returner, but as a kickoff returner."