Jun 252016
 
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Eli Apple and Victor Cruz, New York Giants (June 15, 2016)

Eli Apple and Victor Cruz – © USA TODAY Sports Images

According to Spotrac.com, the New York Giants currently have approximately $17,855,970 in salary cap space with 91 players (one on Injured Reserve – linebacker Uani ‘Unga) currently under contract. Only the top 51 player salaries for a team count against the salary cap in the offseason.

(Note: NFL Player Association records say the Giants have $18,160,235 in salary cap room, including two players on Injured Reserve – linebacker Uani ‘Unga and wide receiver Ben Edwards).

Spotrac.com 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: $157,308,557
  • Top 51 Contracts: $139,233,557
  • Injured Reserve Money: $525,000
  • Dead Money: $9,705,632
  • Total (All): $167,539,189
  • Total (Top 51 Contracts): $149,464,189
  • Cap Space (All):  -$219,030
  • Cap Space (Top 51 plus Draft Pool): $17,855,970
  • Cap Space (Top 51 Contracts): $17,855,970

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 ($4,916,666)
  8. Wide Receiver Victor Cruz ($4,400,000)
  9. Linebacker J.T. Thomas ($4,000,000)
  10. Wide Receiver/Returner Dwayne Harris ($3,800,000)

NFL Player Association listing of the teams with the most salary cap room:

  1. San Francisco 49ers: $49,504,146
  2. Cleveland Browns: $42,811,540
  3. Jacksonville Jaguars: $40,839,499
  4. Carolina Panthers: $26,266,272
  5. Tennessee Titans: $25,145,195
  6. Chicago Bears: $22,048,450
  7. New York Giants: $18,160,235
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Eric Kennedy

Eric Kennedy is Editor-in-Chief of BigBlueInteractive.com, a publication of Big Blue Interactive, LLC. Follow @BigBlueInteract on Twitter.

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