March 18, 2016 New York Giants Salary Cap Snapshot

Eli Manning – © USA TODAY Sports Images

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According to Spotrac.com, the New York Giants currently have approximately $24.67 million in salary cap space with 64 players currently under contract. Only the top 51 player salaries for a team count against the salary cap in the offseason.

Overview of the New York Giants salary cap situation:

• 2016 NFL Salary Cap: $155,270,000
• 2015 Rollover Cap: $11,193,231
• Adjustment: $856,928
• New York Giants Adjusted Salary Cap: $167,320,159
• All Contracts: $138,869,076
• Top 51 Contracts: $132,944,076
• Draft Pool: $5,938,031
• Dead Money: $9,705,632
• Total (All): $148,574,708
• Total (Top 51 Contracts): $142,649,708
• Cap Space (All): $18,745,451
• Cap Space (Top 51 plus Draft Pool): $18,732,420
• Cap Space (Top 51 Contracts): $24,670,451

The top five sources of the dead money are:

• Offensive Tackle Will Beatty ($5,000,000)
• Offensive Guard Geoff Schwartz ($1,916,667)
• Linebacker Jon Beason ($1,466,668)
• Punter Steve Weatherford ($875,000)
• Defensive End Damontre Moore ($143,813)

The top-10 players currently counting the most against the team’s 2016 salary cap are:

1. Quarterback Eli Manning ($24,200,000)
2. Defensive End Olivier Vernon ($13,000,000)
3. Defensive End Jason Pierre-Paul ($9,400,000)
4. Cornerback Dominique Rodgers-Cromartie ($8,000,000)
5. Cornerback Janoris Jenkins ($8,000,000)
6. Defensive Tackle Damon Harrison ($6,600,000)
7. Running Back Shane Vereen ($4,916,667)
8. Wide Receiver Victor Cruz ($4,700,000)
9. Linebacker J.T. Thomas ($4,000,000)
10. Wide Receiver/Returner Dwayne Harris ($3,800,000)

The following Giants are currently not under contract and unrestricted free agents:

• WR Rueben Randle
• WR Hakeem Nicks
• TE Daniel Fells
• OC Dallas Reynolds
• OG Brandon Mosley
• DE George Selvie
• DT Cullen Jenkins
• DT Markus Kuhn
• DT Barry Cofield
• LB Jasper Brinkley
• CB Jayron Hosley
• CB Trumaine McBride
• S Craig Dahl
• S Brandon Meriweather
• LS Danny Aiken
• PK Josh Brown

The following Giants have been tendered as exclusive rights or restricted free agents:

• RB Orleans Darkwa (exclusive rights free agent)
• WR Myles White (exclusive rights free agent)
• TE Larry Donnell (restricted free agent)
• TE Will Tye (exclusive rights free agent)
• TE Jerome Cunningham (exclusive rights free agent)
• OG Adam Gettis (exclusive rights free agent)
• P Brad Wing (exclusive rights free agent)