Mar 182016
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Eli Manning, New York Giants (October 4, 2015)

Eli Manning – © USA TODAY Sports Images

According to, 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)
Feb 152016
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Jerry Reese, New York Giants (February 21, 2015)

Jerry Reese – © USA TODAY Sports Images

According to, the New York Giants currently have approximately $58 million in salary cap space with 50 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: $154,000,000
  • 2015 Rollover Cap: $11,193,230
  • New York Giants Adjusted Salary Cap: $165,193,230
  • Top 51 Contracts: $97,410,576
  • Dead Money: $9,708,966
  • Total (with Top 51 Contracts): $107,119,542
  • Cap Space (with Top 51 Contracts): $58,073,688

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. Wide Receiver Victor Cruz ($9,900,000)
  3. Cornerback Dominique Rodgers-Cromartie ($8,000,000)
  4. Running Back Shane Vereen ($4,916,667)
  5. Linebacker J.T. Thomas ($4,000,000)
  6. Wide Receiver/Returner Dwayne Harris ($3,800,000)
  7. Offensive Tackle Ereck Flowers ($3,270,845)
  8. Linebacker Jonathan Casillas ($3,166,666)
  9. Wide Receiver Odell Beckham ($2,838,054)
  10. Running Back Rashad Jennings ($2,812,500)

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

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

The following Giants are not under contract and currently scheduled to be exclusive rights or restricted free agents:

  • RB Orleans Darkwa
  • WR Myles White
  • WR Marcus Harris
  • TE Larry Donnell (restricted free agent)
  • TE Will Tye
  • TE Jerome Cunningham
  • OG Adam Gettis
  • S Bennett Jackson
  • P Brad Wing
Mar 032015
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Jerry Reese, New York Giants (May 11, 2012)

Jerry Reese – © USA TODAY Sports Images

According to, the New York Giants currently have approximately $10.879 million in salary cap space. This assumes that defensive end Jason Pierre-Paul signs his $14.813 million Franchise tender and does not agree to a longer-term deal that reduces his immediate cap hit.

Overview of the New York Giants salary cap situation:

  • 2015 NFL Salary Cap: $143,280,000
  • New York Giants Adjusted Salary Cap: $143,411,883
  • All Active Contracts: $135,780,248
  • Top 51 Contracts: $123,690,261
  • 2015 NFL Draft Pool: $6,267,498
  • Dead Money: $8,842,893
  • Cap Space (with Top 51 Contracts): $10,878,729

These numbers include the recent releases of running backs David Wilson and Peyton Hillis, defensive end Mathias Kiwanuka, and center J.D. Walton.

Much of the dead money is coming from:

  • Center David Baas ($3,225,000)
  • Defensive End Mathias Kiwanuka ($2,625,000)
  • Defensive End Jason Pierre-Paul ($1,350,000 – mostly from voided option bonus)
  • Running Back David Wilson ($825,364)
  • Center J.D. Walton ($625,000)

The top-10 players currently counting the most against the team’s 2015 salary cap are:

  1. Quarterback Eli Manning ($19,750,000)
  2. Defensive End Jason Pierre-Paul ($14,813,000)
  3. Wide Receiver Victor Cruz ($8,125,000)
  4. Tackle Will Beatty ($8,050,000)
  5. Cornerback Dominique Rodgers-Cromartie ($7,250,000)
  6. Cornerback Prince Amukamara ($6,898,000)
  7. Linebacker Jon Beason ($6,691,666)
  8. Guard Geoff Schwartz ($4,975,000)
  9. Linebacker Jameel McClain ($3,400,000)
  10. Punter Steve Weatherford ($3,075,000)
Dec 192013
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1Eli ManningQB $20,850,000.00
2Antrel RolleSS $9,250,000.00
3Justin TuckDE $6,150,000.00
4Mathias KiwanukaDE $4,125,000.00
5Hakeem NicksWR $3,705,000.00
6William BeattyOLT $3,550,000.00
7David DiehlOT/OG $3,125,000.00
8Jason Pierre-PaulDE $2,825,000.00
9Victor CruzWR $2,530,000.00
10Prince AmukamaraCB $2,231,154.00
11Andre BrownRB $2,023,000.00
12Steve WeatherfordP $1,825,000.00
13Cullen JenkinsDT $1,816,666.00
14Justin PughOT/OG $1,517,436.00
15Terrell ThomasCB $1,450,000.00
16Brandon MyersTE/H-BACK $1,125,000.00
17Zak DeOssieLONG SNAPPER $1,049,000.00
18Linval JosephDT $1,012,000.00
19Bear PascoeTE/H-BACK $892,500.00
20Keith RiversOLB $800,000.00
21Jon BeasonMLB $764,706.00
22Rueben RandleWR $748,166.00
23Johnathan HankinsDT $732,852.00
24Jerrel JerniganWR $723,813.00
25James BrewerOG/OT $663,023.00
26Trumaine McBrideCB $630,000.00
27Curtis PainterQB $630,000.00
28-32Kevin BootheOG $620,000.00
28-32Josh BrownK $620,000.00
28-32Louis Murphy, Jr.WR $620,000.00
28-32Ryan MundyS $620,000.00
28-32Mike PattersonDT $620,000.00
33Jayron HosleyCB $616,250.00
34Adrien RobinsonTE $576,413.00
35Jacquian WilliamsOLB $574,670.00
36Mark HerzlichOLB/MLB $560,000.00
37Spencer PaysingerOLB $556,000.00
38Brandon MosleyOG/OT $555,146.00
39Damontre MooreDE $548,813.00
40John ConnerFB $518,823.00
41Ryan NassibQB $518,400.00
42Cooper TaylorS $451,813.00
43Allen BradfordMLB $451,765.00
44Markus KuhnDT $418,591.00
45Michael CoxRB $416,474.00
46Larry DonnellTE $405,000.00
47Will HillFS $367,059.00
48Peyton HillisRB $359,118.00
49Charles JamesCB $309,706.00
50Dallas ReynoldsOG/C $282,353.00
51Stephen GoodinOG/C $119,118.00
52Marcus DowtinLB $84,706.00
53Julian TalleyWR $47,647.00

December 19, 2013 New York Giants Salary Cap Update: The New York Giants are last in the NFL in available cap space for the 2013 season, as per the NFLPA’s League Cap Report website. They are $41,888 under the cap as of December 19, 2013, with 2 games remaining. This figure, and the cap numbers posted in this article reflect the three roster moves made two days ago. Here is a breakdown of all the players on the 53-man roster by position:

Giants roster - Positional breakdown of 53-man roster - December 19, 2013

The only new additions to the list are WR Julian Talley (just activated off of the Practice Squad), and RB Kendall Gaskins (just signed to the Practice Squad). CB Corey Webster’s cap number will remain the same, with him simply going from the 53-man roster to Injured Reserve. These cap figures are courtesy of the Giants’ Team Salary Cap page from run by Jason Fitzgerald (he can be followed on Twitter @Jason_OTC). The only player that he and I differed on cap number-wise is DT Markus Kuhn, who spent a large chunk of time this season on the PUP List. I then noticed a mistake that I made in calculating Kuhn’s cap number. I wrote about it on my Giants cap blog (click HERE to read about it towards the bottom of the post). I mistakenly listed Kuhn’s cap number in the table above as being $418,591. It should be $429,003.

Currently, the Giants have 73 players who count towards their adjusted salary cap total of $124,049,396 for the 2013 season, not counting the estimated Dead Money total of $9,016,510 for this season, which I wrote about five days ago (click HERE to read that article). The 73 player breakdown is as follows:

  • the players on the 53-man roster.
  • the 12 players currently on Injured Reserve.
  • the players on the 8-man Practice Squad.

Keep in mind that not all of these 73 players have cap numbers that are equivalent to their salaries for the 2013 season. As a matter of fact, only about 34% of them do. Many fans often confuse a player’s salary with his cap number. The two are not the same. Non-vested veteran players – those with less than four accrued seasons credited towards free agency – who went undrafted without receiving signing bonuses, or who were cut at least one time prior to signing or re-signing with the Giants often have cap numbers that are equivalent to their salaries. That’s what these 25 players listed below have in common. They are as follows:

14 players on the 53-man roster:

  • Andre Brown
  • McKenna “Bear” Pascoe
  • Keith Rivers
  • Trumaine McBride
  • Curtis Painter
  • John Conner
  • Allen Bradford
  • Larry Donnell
  • Will Hill
  • Charles James
  • Dallas Reynolds
  • Stephen Goodin
  • Marcus Dowtin
  • Julian Talley

4 of the 12 players on season-ending Injured Reserve:

  • Stevie Brown
  • Jim Cordle
  • Kris Adams
  • Da’Rel Scott

7 of the 8 players on the Practice Squad:

  • The only one whose cap number isn’t the same as his salary in this category is OG Eric Herman.
  • Herman was drafted by the Giants this year in the 7th round, and received a signing bonus before being cut, clearing waivers, and then being re-signed by the Giants again as a member of their Practice Squad.

Here are the cap numbers for the 12 players on Injured Reserve:

Injured Reserve - Giants - December 19, 2013

 Finally, here is the list of cap numbers for the players on the 8-man Practice Squad:


Dec 182013
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Corey Webster, New York Giants (September 8, 2013)

Corey Webster – © USA TODAY Sports Images

1Cleveland$14,339,575.00 $24,206,764.00
2Jacksonville$19,563,231.00 $19,977,549.00
3Buffalo$9,817,628.00 $18,941,156.00
4Miami$5,380,246.00 $17,780,846.00
5Philadelphia$23,046,035.00 $17,216,344.00
6Carolina$3,654,825.00 $11,637,268.00
7Green Bay$7,010,832.00 $9,841,383.00
8Cincinnati$8,579,575.00 $8,187,854.00
9Tennessee$12,867,893.00 $6,927,090.00
10Tampa Bay$8,527,866.00 $6,901,956.00
11Denver$11,537,924.00 $6,445,644.00
12Arizona$3,600,110.00 $5,750,006.00
13New England$5,607,914.00 $4,160,574.00
14Atlanta$307,540.00 $3,170,482.00
15Seattle$13,265,802.00 $2,963,806.00
16Kansas City$14,079,650.00 $2,608,881.00
17San Francisco$859,734.00 $2,600,957.00
18Oakland$4,504,761.00 $2,535,286.00
19San Diego$995,893.00 $2,367,666.00
20Detroit$466,992.00 $1,755,729.00
21Chicago$3,236,965.00 $1,713,800.00
22Washington$4,270,296.00 $1,577,486.00
23NY Jets$3,400,000.00 $1,510,437.00
24Houston$2,422,689.00 $1,505,569.00
25Baltimore$1,182,377.00 $1,500,876.00
26Pittsburgh$758,811.00 $1,319,803.00
27Dallas$2,335,379.00 $1,304,694.00
28Minnesota$8,004,734.00 $937,149.00
29Indianapolis$3,500,000.00 $713,497.00
30New Orleans$2,700,000.00 $644,991.00
31St. Louis$247,347.00 $126,397.00
32NY Giants$1,000,000.00 $41,888.00

December 18, 2013 NFL Salary Cap Update: In a little less than two weeks, the final carryover figures for the 20 non-playoff teams will be in, of which the Giants will unfortunately be one. I’ll write up another league-wide team cap report update then in order to reflect those figures. The Giants rank 32nd out of 32 clubs at the moment. The Rams ceded the title of team with the least amount of available cap space to the Giants a few days ago when they restructured the contract of DE Chris Long to the tune $200,000 to be able to make it through the rest of the regular season with respect to operational cap expenses sometimes known as “fudge money.”

As per the NFLPA’s League Cap Report website, the Giants are $41,888 under the salary cap. They placed Corey Webster on I.R. two days ago, and promoted WR Julian Talley to the 53-man roster from their Practice Squad, followed by signing RB Kendall Gaskins to fill the Practice Squad vacancy created by the promotion of Talley. Talley’s cap number is $47,647. The Giants’ cap number prior to these three roster moves was $89,535 – also last in the league.

The Giants can’t make any other roster moves this week without having to be forced to restructure a player contract in order to stay under the cap. As long as nothing freakish happens in practice injury-wise, and they get out of Detroit game reasonably unscathed, they’ll make it through the season without having to tweak a contract in order to make it through the last two weeks of the season. They’ll be able to I.R. someone next week (just 1) since the prorated cost to sign a player will decrease compared to this week. If Detroit lays a physical beating on the Giants, then things could get ugly.

Nov 202013
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November 20, 2013 NFL Salary Cap Update: Here is the latest update for all 32 teams in the league with regard to available salary cap space (courtesy of the NFLPA’s League Cap Report website):

12Arizona$3,600,110.00 $5,780,006.00
14Atlanta$307,540.00 $3,184,011.00
26Baltimore$1,182,377.00 $1,504,228.00
3Buffalo$9,817,628.00 $19,069,281.00
6Carolina$3,654,825.00 $11,607,268.00
22Chicago$3,236,965.00 $1,794,800.00
8Cincinnati$8,579,575.00 $8,237,179.00
1Cleveland$14,339,575.00 $24,388,412.00
27Dallas$2,335,379.00 $1,462,282.00
11Denver$11,537,924.00 $6,650,879.00
23Detroit$466,992.00 $1,729,611.00
7Green Bay$7,010,832.00 $9,916,149.00
25Houston$2,422,689.00 $1,532,158.00
28Indianapolis$3,500,000.00 $1,101,439.00
2Jacksonville$19,563,231.00 $20,344,446.00
17Kansas City$14,079,650.00 $2,845,270.00
4Miami$5,380,246.00 $18,233,200.00
29Minnesota$8,004,734.00 $685,150.00
13New England$5,607,914.00 $4,423,986.00
30New Orleans$2,700,000.00 $682,491.00
31NY Giants$1,000,000.00 $251,536.00
20NY Jets$3,400,000.00 $1,950,056.00
16Oakland$4,504,761.00 $2,953,594.00
5Philadelphia$23,046,035.00 $17,158,574.00
24Pittsburgh$758,811.00 $1,576,037.00
19San Diego$995,893.00 $2,414,431.00
15San Francisco$859,734.00 $3,130,547.00
18Seattle$13,265,802.00 $2,818,454.00
32St. Louis$247,347.00 $103,482.00
9Tampa Bay$8,527,866.00 $7,170,367.00
10Tennessee$12,867,893.00 $7,138,089.00
21Washington$4,270,296.00 $1,945,457.00
Total cap numbers for all teams as of November 20th, 2013

As can be seen above, the Giants are $251,536 under the cap. They are ranked 31st in the league in available salary cap space. Only the St. Louis Rams have less room under the cap now than the Giants do with $103,482 in available cap dollars.

As I usually state, these figures are the closest that we can possibly know of publicly since the NFL Management Council is the only body that is truly 100% accurate. Those numbers are very difficult to get a hold of, as Jason Fitzgerald from has said over the past summer. The figures that the NFLPA shares on it’s public website are sometimes subject to data entry errors, and slow processing of actual numbers that have already been put in with the league itself. For our purposes though, they are sufficient (knowing where teams stand in proximity to each other as well as themselves in the recent past).

Incredibly enough, we’re coming up on week 12. There are only five weeks remaining in the regular season after this week’s upcoming games. With the season being approximately two thirds of the way over, the Giants have enough room to barely skate by. If they have a rash of injuries that forces them to place three or more players on Injured Reserve in the next two weeks, then they’ll have to make some more room under the cap. Hopefully that doesn’t happen.

The least amount of cap space that a player would cost after this week, from week 13 through the end of the season (5 weeks) would be $119,118. This figure is the result of prorating the bare league minimum of $405,000 for five weeks (I’m not counting this upcoming 12th week). The most that a player could count is $185,294. This figure is obtained by prorating the amount of $630,000 over the 5 weeks between week 13 & week 17. This figure of $630,000 is the minimum paragraph 5 salary for players with 3 years of experience, as per the table below:


NFL league minimum salaries for 2013

Players with four or more years of accrued service are also listed above. The reason they don’t count at the rates listed above is because of the Minimum Salary Benefit (MSB). What the MSB does is that it allows vested veterans (players with four or more accrued years) whose minimum paragraph 5 salary figures are between $715,000 and $940,000 in 2013 to still receive their salaries if they sign with a team, but only count against the cap at rate of $555,000 – the rate of a player who only has two vested years. That’s why I didn’t go above $630,000 when I was calculating the possible range of rates that the Giants would have to give players in week 13 if they were forced into signing someone due to injury to somebody on their active 53-man roster. For a more comprehensive look at how the Minimum Salary Benefit works. please click on the link below:

Teams don’t give out bonuses to anyone at this point that they’re bringing in off the street, or off of waivers after they’ve cleared it (a la Ed Reed and the Jets last week). If they happened to give a player a signing bonus of more than $65,000 then the MSB designation goes away. That’s not happening until the off-season, but it’s something to keep in mind as a general matter of fact regarding caponomics in the NFL. As transactions occur in-season, they almost always only are paragraph salary transactions, and usually involve players with less than 4 accrued season.

The following five players currently on the the 53-man roster who were in-season acquisitions either claimed off of waivers, or signed as “street free agents” are as follows (only Bradford wa claimed off of waivers): Brandon Jacobs, Peyton Hillis, Dallas Reynolds, Allen Bradford, and John Conner. Only Jacobs and Hillis are vested veterans out of this group. Termination Pay is potential problem with only Jacobs though out of these two since Hillis will receive it from the league as a result of being released by Tampa Bay after being on their 53-man roster on week 1 of this season. Here is an article on the subject:

Jacobs would have less incentive than usual to use his one-time only claim to termination pay if the Giants waive him for some reason in the coming weeks (doubtful since he’d sooner wind up in I.R. first, and because he has a salary split in his contract). The Giants would probably go to a player that is on the cheaper side of the options they have open to them if push actually came to shove. This is part of the reason that you see Practice Squad players being lured to sign on with other teams in-season, joining their 53-man rosters. This is why the Packers paid QB Scott Tolzien as if he was a member of their 53-man roster when he was on their Practice Squad.

The Packers promoted him to their 53-man roster on November 5th, as per this article from two weeks ago on As indicated in that article, Green Bay also increased Tolzien’s salary from the Practice Squad minimum of $6,000 per week to a base salary of player on the 53-man roster – $544,999 to be exact. This was done so as to make sure that he would not be tempted to sign elsewhere. If any more moves are made, they may very well be made with the Giants’ pro personnel department looking at players who stand out on other teams first before bringing in a “name player” to fill a hole. Let’s hope that the injury bug has taken a little vacation for this club for a while as they continue to try and climb back into the NFC East race.

Oct 122013
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David Baas' Contract Details - Courtesy by

David Baas’s Contract Details – Courtesy of

Three Ways of Dealing with David Baas’s Contract: I’ve seen people ask me questions here on The Corner Forum about Center David Baas’s contract, and it’s impact on the team going forward. His contractual breakdown is pictured above, courtesy of Baas’s salary cap page from Let me point out the three most likely ways how his contract can be dealt with (meaning ’86ed). Baas has two years left on his deal after this season. He restructured this past off-season, moving dead money further down into his last two years, making it more difficult to cut him. One way that the Giants could deal with his situation is to cut him after this season, and gain $1,775,000 in cap space this off-season. The second course of action that they can take is to wait until after 2014 to cut him, when they could gain significantly more cap space – $5,250,000 to be exact – and have less dead money on the books as well ($3,225,000 compared to exactly double that amount if the Giants cut him after this year).

This brings me to the third option…(somehow Heisenberg’s voice during his conversation with Gustavo Fring from Breaking Bad out in the desert is rattling around in my head as I type this).

If Baas continues to be a liability by not being able to stay healthy, or play well when healthy, then they might have to go with the first option – something which is becoming increasingly apparent. A third way that they could do this AND gain MORE THAN $1,775,000 in cap space would be by releasing him this off-season and designating him as a post-June 1st cut. Teams can do this with up to two players a year. The Dolphins did this with two of their own this past off-season when they designated Linebackers Kevin Burnett and Karlos Dansby as such; you can read about it by clicking HERE.

Teams that use this strategy won’t reap the cap benefits right away though. They have to wait until June 2nd to do so; however, the players who are released under this designation are free to sign elsewhere as free agency starts when more money is available, and teams are ready to flex their wallets, so to speak. This is advantageous to the player in that it gives them a much better opportunity to find a job elsewhere at a higher salary, instead of waiting until after June 1st when teams have shot their collective wads.

As of June 2nd, the team can then gain room from not only the regular cap savings (which after 2013 in Baas’s case would be $1,775,000), but they’d also be able to spread out the remaining dead money – provided the player has at least 2 years left on his deal and has not completed his 4th year with the club (as per the present CBA, NFL contracts can’t be prorated more than 5 years). If the Giants were to exercise this option with Baas this coming off-season, they’d be able to split up his Dead Money over the course of two seasons – 2014 and 2015.

That Dead Money amount, if he were to be released this off-season would be $6,450,000. The Giants would be able to evenly spread this amount out over those two years of 2014 and 2015. They would also GAIN an extra $3,225,000 in cap space in addition to the regular amount of cap savings mentioned above ($1,775,000) if they were to release him under normal non-post-June 1st standards. Their cap savings in this case would be $5,000,000 in 2014 with only $3,225,000 in Dead Money remaining on the books for 2014 – half the original amount. The other $3,225,000 will be added to the 2015 season’s Dead Money total.

This third option that I described in detail above will be seriously considered after the season, as the Giants evaluate Baas’s future on the team. Suffice it to say, due to a combination of his injuries and consequent sub-par performance in comparison to this contract, he won’t be here past 2014 at the LATEST. Hell, he’ll be lucky to be here next year the way things are going. To wrap this up, and paraphrase Heisenberg in the process, let me go on record as saying that as of this moment, I prefer option 3.

Sep 032013
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Eli Manning, New York Giants (December 3, 2012)

Eli Manning – © USA TODAY Sports Images

New York Giants Will Need to Make More Room Under the Salary Cap: Before I explain what needs to be done, let me display the cap numbers for all 53 players on the roster:

1Eli ManningQB $20,850,000.00
2Chris SneeOG $11,000,000.00
3Antrel RolleSS $9,250,000.00
4Justin TuckDE $6,150,000.00
5Corey WebsterCB $5,345,000.00
6David BaasC $4,725,000.00
7Mathias KiwanukaDE $4,125,000.00
8Hakeem NicksWR $3,755,000.00
9William BeattyOLT $3,550,000.00
10David DiehlOT/OG $3,125,000.00
11Jason Pierre-PaulDE $2,825,000.00
12Victor CruzWR $2,530,000.00
13Steve WeatherfordP $2,500,000.00
14Prince AmukamaraCB $2,231,154.00
15Andre BrownRB $2,023,000.00
16Cullen JenkinsDT $1,816,666.00
17David WilsonRB $1,519,205.00
18Justin PughOT/OG $1,517,436.00
19Terrell ThomasCB $1,450,000.00
20Brandon MyersTE/H-BACK $1,125,000.00
21Zak DeOssieLONG SNAPPER $1,049,000.00
22Linval JosephDT $1,012,000.00
23Bear PascoeTE/H-BACK $892,500.00
24Keith RiversOLB $800,000.00
25Rueben RandleWR $748,166.00
26Johnathan HankinsDT $732,852.00
27Jerrel JerniganWR $723,813.00
28James BrewerOG/OT $663,023.00
29-30Trumaine McBrideCB $630,000.00
29-30Curtis PainterQB $630,000.00
31-38Kevin BootheOG $620,000.00
31-38Josh BrownK $620,000.00
31-38Dan ConnorMLB $620,000.00
31-38Louis Murphy, Jr.WR $620,000.00
31-38Ryan MundyS $620,000.00
31-38Mike PattersonDT $620,000.00
31-38Shaun RogersDT $620,000.00
31-38Aaron RossCB $620,000.00
39Jayron HosleyCB $616,250.00
40Adrien RobinsonTE $576,413.00
41Jacquian WilliamsOLB $574,670.00
42Da'Rel ScottRB $568,988.00
43-44Mark HerzlichOLB/MLB $560,000.00
43-44Henry HynoskiFB $560,000.00
45Spencer PaysingerOLB $556,000.00
46Brandon MosleyOG/OT $555,146.00
47Jim CordleC/OG $555,000.00
48Damontre MooreDE $548,813.00
49Ryan NassibQB $518,400.00
50Justin TrattouDE $480,000.00
51Cooper TaylorS $451,813.00
52Michael CoxRB $416,474.00
53Larry DonnellTE $405,000.00

The total for the Top 51 cap numbers, as indicated above, is $111,375,308.

  • The total for the Top 53 cap numbers is $112,196,782.
Teams are operating under the Top 51 Rule until 4 pm ET on Wednesday. At midnight ET on Thursday, September 5th, regular season salary cap rules will be in effect. Regular season cap rules will include the following cap expenses besides those which are already in effect that include a team’s top 51 cap numbers:
  • The entire 53-man roster will count on the cap instead of just the to 51 cap numbers.
    • at minimum this will take up an extra $810,000 in cap room.
  • The Practice Squad will count.
    • at minimum this will count an extra $816,000.
  • Players on the Reserve/PUP List
    • Markus Kuhn’s 2013 cap number is $491,474.
    • He very likely has a salary split though which reduces his cap hit $177,000 down to $314,474.
  • Players on Injured Reserve.
    • The Giants have two right now: Stevie Brown (his cap number is $2,023,000) & Ramses Barden (who has a cap number of $620,000).
    • Barden is probably going to receive an injury settlement in the coming weeks though instead.
    • Right now, the total amount for the Giants is $2,643,000.

Teams will need to be cap compliant with regular season salary cap rules though by 4 pm ET on Wednesday, when league business hours cease. The Giants will need to make some moves based on the numbers I have below. First here is the Salary Cap breakdown with respect to the Top 51 Rule:

Giants' Cap Hits from player 1 to 53 as of 9-3-2013 - 5 of 6

Now here are the Salary Cap Calculation projections with the Regular Season Salary Cap Rules in effect:

Giants' Cap Hits from player 1 to 53 as of 9-3-2013 - 6 of 6
  • As can be seen in the Regular Season Salary Cap Rule projections, the Giants are going to over the cap if they don’t make a move or two.
  • The negative figure if $1,803,236 does not include additional cap space due to Andre Brown being placed on Temporary IR; his cap number will still count in full, but another player’s cap number will be added that which will cost around $555,000 for the season.
  • If you add that to the figure then you get $2,358,236.
  • In addition to this there are the Injury Settlement amounts.
  • If you estimate each one to roughly $100,000 per player for 8 players, then you get another $800,000.
  • The overage total would then be $3,158,236.
  • If you add another $1,000,000 in emergency funds/fudge money, then that total comes out to $4,158,236.
  • This amount of $4,158,236 is pretty close to how much cap room that the Giants will need to create by no later than 4 pm tomorrow, which is roughly 24 hours from the time of this post.
  • They will have to restructure or extend the contract of a player or two in order to create this cap room; the question then inevitably becomes who can they agree to this with on the team now?
There are three prime candidates that can help the Giants out: Chris Snee, Antrel Rolle, & Eli Manning. The Giants could also turn to Justin Tuck & Steve Weatherford, but they are not as ideal. Here are the contractual breakdowns for each of these five players courtesy of the Giants’ salary cap page from (click HERE to see the Giants’ page with the list of each player’s contractual breakdown):
Chris Snee - contractual breakdown as of May 26, 2013 Antrel Rolle - contractual breakdown as of February 18, 2013Eli Manning - contractual breakdown as of September 3, 2013Justin Tuck salary - as of 4-7-2013Steve Weatherford contract - July 10, 2013
  • Justin Tuck is in the last year of his deal, so the Giants’ only option with him would be to tack on a voidable year and create some cap room that way (they gave Osi Umenyiora this kind of deal last year, only not for the puupose of creating cap room), but then that would create Dead Money for the team on it’s 2014 salary cap, so that option is not the best.
  • Steve Weatherford’s contract would up to $738,750 in cap room, which wouldn’t be enough for the Giants to get by. It would help, and could be a complimentary option in addition to restructuring another big money player, but is not a primary option to create the necessary $4,158,236 in cap room, although it would reduce the total to $3,419,486 making it easier to restructure the deal of a guy like Snee, Eli, or Rolle.
  • Eli Manning’s contract could be restructured or extended to help this year, but it is more likely that the Giants will wait to change his contract around by extending him next year, giving the Giants the much needed room that they will need then to attempt and re-sign players like JPP, Nicks, and Joseph. I wouldn’t be surprised if they turned to Eli for help this year, but I think it’s more likely that they wait until next ear to do so, and instead turn to Snee or Rolle.
  • Antrel Rolle is a guy who does not like to get his contract restructured; he hasn’t had it changed since he has signed here a little over 3 years ago, so while he would be an ideal candidate for a restructure, it may not be the most realistic. An extension is possible with him, but may not be optimal due to his age. This then leaves us with one more option: Snee.
  • Chris Snee has consistently helped the Giants out in recent years when it comes to restructuring his deal. He did it last year by agreeing to having his contract restructured on September 8th, just before the Top 51 Rule ceased and the Giants’ season opener against Dallas at MetLife Stadium. I think he’s the logical choice to help out again this year.

Teams are allowed to restructure the contracts of players as many times as they like during a season. The one year rule of not changing a player’s contract that people sometimes misunderstand has to do with salary increases only, as former NFL agent Joel Corry of the National Football Post wrote to me in an email. This makes Snee eligible to help the Giants out again this year.

Snee has two years left on his contract, including this season. His $6,700,000 base salary this year can be reduced to as little as $840,000. This is the veteran minimum for a player who has 9 accrued seasons, such as Snee. The difference of $5,860,000 would then be divided in two, creating $2,930,000 in added cap space. It would also increase his 2014 cap number by $2,930,000 from $9,000,000 to $11,930,000 and would also decrease his cap savings amount in 2014 by that amount from $7,000,000 to $4,070,000.

The odds are that there will be two restructures, in any of these two combinations:

  • Snee/Rolle + Weatherford/Tuck
  • Snee + Rolle

All these permutations and combinations are a moot point unless the Giants go to the Bank Eli tomorrow. They could simply restructure or extend his deal now, and gain the room they need as a result. Eli’s cap number of $20,850,00 is by far the highest on the team. He has 3 years left on his deal, including this season, so there’s room for them to work with if they go that route. It’ll be interesting to see what happens in the next 24 hours or so in this regard. During the season, the Giants can also go back to any of the same players that they restructured before (if they still have enough leeway in their contracts of course), and ask them for more cap help if the need should arise. One way or the other, we’ll see an announcement made about what happens with regards to these possible contractual restructures or extension(s) by Wednesday for sure.

Aug 182013
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Tom Coughlin, New York Giants (November 11, 2012)

Tom Coughlin – © USA TODAY Sports Images

August 18, 2013 NFL Salary Cap Update: Here are the latest NFL salary cap space figures for all clubs throughout the league courtesy of the NFLPA’s Top 51 League Cap Report website.

Official Salary Cap Space – 8/18/2013

8Green Bay$7,010,832.00$13,416,330.00
32Kansas City$14,079,650.00$7,492.00
10New England$5,607,914.00$10,394,769.00
21New Orleans$2,700,000.00$5,173,260.00
27NY Giants$1,000,000.00$2,650,728.00
16NY Jets$3,400,000.00$6,676,562.00
25San Diego$995,893.00$3,110,725.00
15San Francisco$859,734.00$7,116,765.00
31St. Louis$247,347.00$113,676.00
9Tampa Bay$8,527,866.00$11,588,471.00

If you would like to compare the figures listed to today to those which I posted two weeks ago for each club on Sunday, August 4th, then simply click HERE to do so. After you do that, take a look at the teams in the NFC East. The Giants have $2,650,728 in cap room as of now, making them one of the “almost running on empty teams” that I listed below. The Eagles (ranking 4th in the league) and Cowboys (ranked 12th) are in solid shape to start the regular season, while the Giants (who are ranked 27th) are on the border of having to make some financial moves to be able to have some breathing room under the cap. The Redskins (who rank 28th) definitely have to make a move or two with respect to the restructuring a contract or two in order to be able to operate in the regular season as well once the Top 51 Rule expires 18 days from now on Thursday, September 5th at 12:00 am New York time.

To make an automotive parallel, generally speaking, teams with less than $3 million worth of cap room are basically almost running on empty. Right now, according to this list, there are six clubs who fit into this category: the Giants, Redskins, Bears, Texans, Rams, & Chiefs. These six clubs, and possibly two of the clubs slightly ahead of them (the Seahawks & Chargers), will have to make some extra room under the cap in order to cover regular season operational expenses which are not included now, but will be factored in to the salary cap equation once the Top 51 rule expires in slightly less than 18 days. These factors include the following:

  • cap room for players on Injured Reserve.
  • players who have received Injury Settlements.
  • additional dead money as the result of players who are cut to reach the 53-man roster limit.
  • the 8 players on the Practice Squad ($6,000 a week x 17 weeks x 8 players At MINIMUM).
  • and of course all 53 players on the 53-man roster; right now only the top 51 players on the roster count (this will add two extra salaries to the equation).

Keep in mind that the roster moves that teams make going forward when the upcoming rounds of player cuts take place – the cut-down to 75 on August 27th, and the final cut-down to the final 53 on August 31st – will also factor in each individual club’s cap situation. If say for example the Chiefs, who have the least amount of cap space in the league, have a player who has a higher cap number than a similarly ranked player, but is better than him, he’ll very likely be the one to get released due to the club’s tight cap situation. Keep your eyes out for situations like this around the league, particularly from the eight clubs mentioned above, as we near the end of training camps and preseason throughout the league in the coming two weeks.

Aug 042013
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Jerry Reese, New York Giants (August 24, 2012)

Jerry Reese – © USA TODAY Sports Images

August 4, 2013 NFL Salary Cap Update: Before I list everything a quick FYI about the New York Giants’ cap number. They are not what the NFLPA Top 51 League Cap Report website says they are right now. I don’t want to repeat myself about what I wrote regarding this situation already on my Giants cap blog. You can read about it HERE.

The Giants are currently $2,656,846 under the NFL salary cap (disregard the $2,251,846 figure seen on their website). Here’s how they stand in comparison to the rest of the league (assuming their numbers are accurate, which I wouldn’t be surprised if they aren’t because of the simple errors that I’ve seen there this past week):

Click on a column to sort

NFL Team Cap Numbers - 8/4/2013

19Arizona$3,600,110.00 $5,755,040.00
15Atlanta$307,540.00 $7,683,068.00
17Baltimore$1,182,377.00 $6,904,459.00
3Buffalo$9,817,628.00 $21,810,064.00
8Carolina$3,654,825.00 $12,808,380.00
28Chicago$3,236,965.00 $1,637,767.00
5Cincinnati$8,579,575.00 $17,017,219.00
1Cleveland$14,339,575.00 $27,070,339.00
14Dallas$2,335,379.00 $8,480,326.00
11Denver$11,537,924.00 $9,287,063.00
22Detroit$466,992.00 $5,113,453.00
6Green Bay$7,010,832.00 $14,564,348.00
29Houston$2,422,689.00 $1,446,769.00
18Indianapolis$3,500,000.00 $6,163,781.00
2Jacksonville$19,563,231.00 $22,916,605.00
32Kansas City$14,079,650.00 $82,492.00
7Miami$5,380,246.00 $14,374,685.00
24Minnesota$8,004,734.00 $4,400,972.00
10New England$5,607,914.00 $10,092,269.00
21New Orleans$2,700,000.00 $5,173,260.00
27NY Giants$1,000,000.00 $2,656,846.00
13NY Jets$3,400,000.00 $8,648,580.00
20Oakland$4,504,761.00 $5,558,452.00
4Philadelphia$23,046,035.00 $19,261,143.00
23Pittsburgh$758,811.00 $4,476,513.00
26San Diego$995,893.00 $3,127,666.00
16San Francisco$859,734.00 $7,436,766.00
25Seattle$13,265,802.00 $3,352,772.00
31St. Louis$247,347.00 $139,088.00
9Tampa Bay$8,527,866.00 $11,513,471.00
12Tennessee$12,867,893.00 $9,245,356.00
30Washington$4,270,296.00 $1,338,440.00
  • Keep in mind that the Giants probably still have to make a little bit more room under the cap before the Top 51 Rule expires in a little over a month.
  • In the Giants’ case, it may not be for much; as things stand now, it may only be for about $1 million, maybe even less.
  • Someone like Steve Weatherford could be an ideal restructure, since doing so could add as much as another $738,750 in salary cap space to the Giants’ present total without doing too much damage to their long-term salary cap structure (something that the Cowboys, to give a pertinent example, have become notorious at doing lately).
  • They have until midnight New York time on Thursday, September 5th to do so (this is when the Top 51 Rule expires).
  • Teams will have to include the cap numbers of the 52nd and 53rd players on their 53-man rosters at that point.
  • By that time, clubs will have reduced their rosters to a maximum of 53 players; this will have taken place no later than by 6:00 pm New York time on August 31st.
  • After the Top 51 rule ceases to be clubs will also have to count the players on IR, the 8-man Practice Squad, the PUP list, and those players who have received Injury Settlements in training camp/preseason as the result of any injuries that prevented them from continuing to play (this is the case for Antonio Dennard & Jeremy Horne at this point).
  • Any additional Dead Money that results from players being cut in training camp will also factor into this equation.
  • A conservative guess is that this will cost teams between 2 and 3 million dollars around the league depending on their specific situations; this is why teams with less than $2 million dollars could be swimming in dangerous cap waters as September 5th approaches.
  • This is why late summer cuts, especially to middling veteran players on teams who still need to make cap room – like the Bears, Texans, Redskins, Rams, & Chiefs – should not come as a surprise towards the end of August.
  • Check out an article from by Jason Fitzgerald regarding the subject of late Summer cuts.

“Pay Cut or Be Cut: The Reality of August Football” – August 2, 2013