March 3, 2015 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 $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)