April 12, 2017 New York Giants Salary Cap Snapshot

Jerry Reese – © USA TODAY Sports Images

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According to Spotrac.com, the New York Giants currently have approximately $9,588,285 in salary cap space, not counting the roughly $4,081,274 the Giants will need to sign their 2017 draft class. 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 $9,483,626 in salary cap room).

Spotrac.com overview of the New York Giants salary cap situation:

• 2017 NFL Salary Cap: $167,000,000
• 2016 Rollover Cap: $1,800,000
• Adjustment: $157,246
• New York Giants Adjusted Salary Cap: $168,957,246
• All Contracts: $166,244,520
• Top 51 Contracts: $156,269,520
• 2017 Projected Draft Pool Cap: $5,507,011
• Dead Money: $3,099,441
• Total (All): $169,343,961
• Total (Top 51 Contracts): $159,368,961
• Cap Space (All):  -$386,715
• Cap Space (Top 51 plus Draft Pool): $4,081,274
• Cap Space (Top 51 Contracts): $9,588,285

The top five sources of the dead money are:

• Wide Receiver Victor Cruz ($1,900,000)
• Running Back Rashad Jennings ($562,500)
• Place Kicker Josh Brown ($250,000)
• Fullback Will Johnson ($200,000)
• Running Back Andre Williams ($113,400)

The top-10 players currently counting the most against the team’s 2017 salary cap are:

1. Quarterback Eli Manning ($19,700,000)
2. Defensive End Olivier Vernon ($16,000,000)
3. Cornerback Janoris Jenkins ($15,000,000)
4. Defensive Tackle Damon Harrison ($10,600,000)
5. Cornerback Dominique Rodgers-Cromartie ($9,000,000)
6. Offensive Guard Justin Pugh ($8,821,000)
7. Defensive End Jason Pierre-Paul ($7,250,000)
8. Wide Receiver Brandon Marshall ($4,468,750)
9. Running Back Shane Vereen ($4,072,918)
10. Linebacker J.T. Thomas ($4,000,000)

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

1. San Francisco 49ers: $73,944,752
2. Cleveland Browns: $62,368,548
3. Jacksonville Jaguars: $46,365,024
4. Tennessee Titans: $38,347,945
5. Indianapolis Colts: $31,984,977
6. Oakland Raiders: $31,117,363
7. Houston Texans: $30,136,680
8. Tampa Bay Buccaneers: $28,568,630
9. Cincinnati Bengals: $23,005,665
10. Green Bay Packers: $22,378,948