Both Larry Donnell and Will Tye should make the roster at TE for the Giants. Right now, the early edge for the starting job should belong to Tye, who is a better blocker than Donnell and showed better ball security last season.
This continues to fall in line with early talk out of the Giants camp, but we'll have to get through training camp in order to have a better idea of this situation. Remember Donnell had the job last year before a season-ending neck injury in Week 8. Whoever wins the job will certainly have some fantasy value as Eli Manning has always targeted the position in the red zone.