The New York Giants continued to work on clearing cap space this week, and did so by first restructuring the contract of center David Baas, and then added even more room when cornerback Corey Webster agreed to take a pay cut. Not a restructure, mind you, but an actual salary reduction (per Kim Jones).
Webster's pay cut will reduce his 2013 salary from $7 million to $4 million, and his cap hit from $9.845 million to approximately $6.845 million, saving the team an additional $3 million.
In addition to the Baas restructure, as well as the restructured deal of Mathias Kiwanuka last week, the Giants now find themselves at about $9 million ($8 million plus $1 million carryover) under the $123 million salary cap.
A source close to Webster also told Kim Jones "Corey needs to get back to acting like it matters to him." Of course, with this being a contract year, Webster has tons of incentive to rebound and play well, hoping to receive one last lucrative contract before that door shuts forever.
Although many have written him off after only one poor year, it's worth noting that Webster played through a very serious hamstring injury, as well as a broken hand in 2012. And while he may be aging, such a drastic downfall in athletic ability is rare and was undoubtedly impacted by said injuries. A healthy, and less expensive Webster is exactly what the Giants need in 2013.
Also…Corey Webster, David Baas, Football, New York, New York Giants, NFL