February 9, 2020 New York Giants Salary Cap Snapshot

Dave Gettleman – © USA TODAY Sports

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According to Spotrac.com, the New York Giants currently have approximately $61,282,080 in salary cap space, not counting the yet-to-be-determined amount set aside to sign 2020 draft picks. Only the top 51 player salaries for a team count against the salary cap in the offseason.

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

• 2020 NFL Salary Cap: $199,000,000
• 2019 Rollover Cap: $1,529,568
• Adjustment: $0
• New York Giants Adjusted Salary Cap: $200,529,568
• All Contracts: $138,292,705
• Top 51 Contracts: $135,232,705
• 2020 Projected Draft Pool Cap: TBD
• Dead Money: $4,014,783
• Total (All): $142,307,488
• Total (Top 51 Contracts): $139,247,488
• Cap Space (All): $58,222,080
• Cap Space (Top 51 Contracts): $61,282,080

The top two sources of the dead money are:

• Cornerback Janoris Jenkins ($3,500,000)
• Quarterback Kyle Lauletta ($353,849)

The top-15 players currently counting the most against the team’s 2020 salary cap are:

1. Offensive Tackle Nate Solder ($19,500,000)
2. Offensive Guard Kevin Zeitler ($12,500,000)
3. Linebacker Alec Ogletree ($11,750,000)
4. Wide Receiver Golden Tate ($10,500,000)
5. Running Back Saquon Barkley ($8,507,659)
6. Wide Receiver Sterling Shepard ($8,500,000)
7. Tight End Rhett Ellison ($7,188,384)
8. Linebacker Kareem Martin ($5,966,668)
9. Quarterback Daniel Jones ($5,832,740)
10. Tight End Evan Engram ($3,410,371)
11. Defensive Lineman Dexter Lawrence ($3,010,918)
12. Safety Antoine Bethea ($2,875,000)
13. Offensive Center Spencer Pulley ($2,750,000)
14. Punter Riley Dixon ($2,725,000)
15. Cornerback Deandre Baker ($2,392,208)

Dead money and cap savings if these players are cut before June 1st:

1. Offensive Tackle Nate Solder ($13,000,000/$6,500,000)
2. Offensive Guard Kevin Zeitler ($5,000,000/$7,500,000)
3. Linebacker Alec Ogletree ($3,500,000/$8,250,000)
4. Wide Receiver Golden Tate ($7,058,823/$3,294,119)
5. Tight End Rhett Ellison ($2,188,383/$5,000,000)
6. Linebacker Kareem Martin ($1,166,668/$4,800,000)
7. Safety Antoine Bethea ($125,000/$2,750,000)
8. Offensive Center Spencer Pulley ($0/$2,750,000)
9. Quarterback Alex Tanney ($37,500/$1,000,000)