HORRIBLE NEWS: New York Giants Key Player cut off his contract Which Was To be….

adminFebruary 14, 2024Last Updated: February 14, 2024

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The New York Giants have a lot of work to do this off-season after a 6-11 season, which pretty much exposed some glaring roster issues the team has.

General manager Joe Schoen, head coach Brian Daboll, and the rest of the football operations team are thought to be hard at work in identifying what exactly went wrong in 2023 and how to ensure there is no repeat.

Schoen and Daboll, meanwhile, have been working with the rest of the coaches and front office to figure out which players to keep, which ones to move on from, and how to fill the gaps (draft or free agency).

At the end of the day, it will result in a very different-looking Giants roster in 2024, one that will hopefully have better results than last year’s group.

According to Over the Cap, the Giants currently have $15,110,328 in effective cap space (used to sign players under the Top 51 rule, which begins on the first day of the new league year) and $22.943 million in total cap space.

That’s probably not enough to get much done, especially if they plan to use the franchise tag on running back Saquon Barkley (more on that later).

The problem the Giants have with their cap this year is they have three veteran contracts–quarterback Tyrod Taylor, defensive lineman A’Shawn Robinson, and cornerback Adoree’ Jackson–who have voidable years this year, which means that the Giants aren’t saving a penny on those transactions but will be getting hit with $6.488 million in dead money thanks to those voidable years.

That’s money that could have otherwise been devoted to signing other players.

At first glance, it’s probably a given that guard Mark Glowinski ($5.7 million savings) will be a cap casualty.

Tight end Darren Waller could also be a cap casualty, but with only a $6.707 million savings and over $7 million in dead money, it’s more likely that he gets another season.

What the Giants are likely going to need to do is extend/rework a few deals.

Receiver Darius Slayton ($7.75 million base salary), left tackle Andrew Thomas ($14.175 million), and defensive lineman Dexter Lawrence ($16 million base salary) all come to mind as possibilities.

If we’re Joe Schoen, the first and only moves we make for the time being are to give Slayton a slight extension(maybe another two years, with one being a voidable season) and restructure Thomas’s deal to convert part of his base salary into an upfront signing bonus.

That would push some of the converted prorated signing bonus to 2028, the first year of the original structure where Thomas doesn’t have any prorated money on the books (prorated signing bonuses can only be spread over a maximum of five years).

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