EAST RUTHERFORD, NJ - JANUARY 03: Head coach Tom Coughlin of the New York Giants waves to the fans after losing the final game of the season 35-30 against the Philadelphia Eagles at MetLife Stadium on January 3, 2016 in East Rutherford, New Jersey. (Photo by Al Bello/Getty Images)

After years of speculation, Tom Coughlin finally out as New York Giants head coach

His tenure in New York is over.

After 12 years as head coach of the Giants, Tom Coughlin is done in New York, according to ESPN's Adam Schefter.

Often a relatively mediocre regular-season team, Coughlin's Giants have turned it on in the playoffs, winning Super Bowls in 2007 and 2011.

Coughlin reportedly will seek another head coaching gig elsewhere despite continuing to coach at age 69. He had one year remaining on his contract before being released from his duties.

The Giants job is a prime one given the stability of team ownership, it's metro-New York location, and skill position players (Eli Manning, Odell Beckham) that still have good years left. There's already been speculation that the Giants could go after Sean Peyton or Nick Saban. Saban has repeatedly said he has no plans to leave Alabama.