The Giants waived Basham on Tuesday, Jeremy Fowler of ESPN.com reports.

Basham has reportedly been traded from the Bills to the Giants, sources have told ESPN's Jordan Raanan. The teams are thought to have swapped late-round draft picks in a future season.

Basham (calf) no longer carries an injury designation for Monday's game against the Bengals.

Basham (calf) is ruled out for Saturday's game against the Bears, asgdasg reports.

Bills coach Sean McDermott said that Basham has a calf injury and is considered day-to-day, Alaina Getzenberg of ESPN.com reports.

Basham will be an inactive for the second straight week when the Bills take on the Dolphins on Sunday.