The New York Giants and center David Baas have agreed on a restructured contract, reports Ralph Vacchiano of the New York Daily News.
The restructured deal, which now shows in NFLPA records, lowers Baas' base salary from $4.25 million to $1.25 million in 2013. It also lowers his overall cap hit from $6.725 million to $4.725 million, saving the Giants an additional $2 million against the cap and putting them at approximately $6 million under the $123 million cap.
Jenny Vrentas of The Star-Ledger reports that Baas and the Giants converted $3 million of his initial base salary into a signing bonus.
This restructure, as they all do, will also impact his salaries over the remaining two years of his deal. In 2014, his cap hit will rise to $8.225 million and in 2015 it will rise to $8.475 million.
Photo Credit: Mike Gannon
Also…David Baas, Football, New York, New York Giants, NFL