New York Giants Will Cut David Baas: According to multiple press reports, the New York Giants will soon cut center David Baas. The injury-prone Baas was set to make $4.75 million in salary and count $8.225 million against the team’s 2014 salary cap.
“Not physically ready,” an unidentified source told The New York Daily News about Baas, who only played in three games in 2013 due to knee and neck injuries.
If Baas is cut before June 1, the Giants will “save” $1.775 million against the cap. Under this scenario, Baas will still count $6.45 million against the 2014 cap in “dead money” but he will be completely off of the books in 2015. If Baas is cut after June 1, the team would gain another $3.225 million cap space in 2014, but that amount would be counted against the cap in 2015 as dead money.
The New York Post is saying Baas could be re-signed by the Giants at a reduced salary if he proves he is healthy.
Chris Snee Agrees to Pay Cut: According to multiple press reports, the right guard Chris Snee has accepted a sizable pay cut in order to remain with the New York Giants. Snee was due $6.75 million in salary and would have counted $11.3 million against the team’s 2014 salary cap. Snee’s 2014 salary will now be $1.1 million plus $1 million in incentives.
Steve Weatherford Agrees to Take a Pay Cut Too?: ESPN is reporting that the punter Steve Weatherford has accepted a pay cut, but did not provide any details. Weatherford has three years left on his current contract and is scheduled to make $2.025 million in salary and count $2.925 million against the team’s 2014 salary cap.
New York Giants Favorites to Sign OC Evan Dietrich-Smith?: The New York Daily News is reporting that unrestricted free agent center Evan Dietrich-Smith (Green Bay Packers) could sign quickly tomorrow and that the Giants could be the favorite to sign him.
New York Giants Interested in CB Corey Graham: NJ.com is reporting that the Giants have expressed interest in unrestricted free agent cornerback Corey Graham (Baltimore Ravens).