Apr 032018
 
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Eli Manning, New York Giants (December 24, 2017)

Eli Manning – © USA TODAY Sports

According to Spotrac.com, the New York Giants currently have approximately $6,237,530 in salary cap space, not counting the estimated $9,794,270 the Giants will need to sign their 2018 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 $5,045,156 in salary cap room).

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

  • 2018 NFL Salary Cap: $177,200,000
  • 2017 Rollover Cap: $365,321
  • Adjustment: $0
  • New York Giants Adjusted Salary Cap: $177,565,321
  • All Contracts: $163,492,651
  • Top 51 Contracts: $151,297,651
  • 2018 Projected Draft Pool Cap: $9,794,270
  • Dead Money: $20,030,140
  • Total (All): $183,522,791
  • Total (Top 51 Contracts): $171,327,791
  • Cap Space (All):  $-5,957,470
  • Cap Space (Top 51 plus Draft Pool): $-3,556,740
  • Cap Space (Top 51 Contracts): $6,237,530

The top five sources of the dead money are:

  • Defensive End Jason Pierre-Paul ($15,000,000)
  • Cornerback Dominique Rodgers-Cromartie ($2,000,000)
  • Wide Receiver Dwayne Harris ($1,600,000)
  • Punter Brad Wing ($1,000,000)
  • Defensive End Owamagbe Odighizuwa ($185,125)

The top-10 players currently counting the most against the team’s 2018 salary cap are:

  1. Quarterback Eli Manning ($22,200,000)
  2. Defensive End Olivier Vernon ($17,000,000)
  3. Cornerback Janoris Jenkins ($13,000,000)
  4. Left Tackle Nate Solder ($10,000,000)
  5. Defensive Tackle Damon Harrison ($9,600,000)
  6. Wide Receiver Odell Beckham, Jr. ($8,459,000)
  7. Wide Receiver Brandon Marshall ($6,156,250)
  8. Linebacker Alec Ogletree ($4,750,000)
  9. Right Tackle Ereck Flowers ($4,579,184)
  10. Cornerback Eli Apple ($4,132,451)

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

  1. Cleveland Browns: $68,906,632
  2. Indianapolis Colts: $59,741,614
  3. San Francisco 49ers: $46,761,316
  4. Tennessee Titans: $41,761,817
  5. Houston Texans: $34,129,833
  6. Chicago Bears: $25,545,509
  7. New York Jets: $24,550,004
  8. Arizona Cardinals: $19,217,206
  9. Jacksonville Jaguars: $18,482,091
  10. Los Angeles Rams: $18,226,117
Apr 122017
 
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Jerry Reese, New York Giants (February 25, 2016)

Jerry Reese – © USA TODAY Sports Images

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

Eli Manning – © USA TODAY Sports Images

According to Spotrac.com, 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 Spotrac.com, 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 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)
Dec 192013
 
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CAP # RANKPLAYERPOSITIONCAP NUMBER
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
$88,582,181.00

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 OverTheCap.com 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:

Practice-Squad-official-as-of-December-19-2013

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

Corey Webster – © USA TODAY Sports Images

CAP SPACE RANKTEAMPREVIOUS YEAR CARRYOVERTOTAL CAP SPACE
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):

CAP SPACE RANKTEAMPREVIOUS YEAR CARRYOVERTOTAL CAP SPACE
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 OverTheCap.com 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 NFL.com. 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 OverTheCap.com

David Baas’s Contract Details – Courtesy of OverTheCap.com

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 overthecap.com. 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.