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New York Giants an Estimated $4.581 Million Under the 2013 Salary Cap

March 29th, 2013 at 12:30 PM
By Dan Benton

Leading up to free agency, the New York Giants were in a precarious position. They had a slew of needs and, yet, somehow had to clear cap space before the official start to the new league year. General Manager Jerry Reese managed to do exactly that and then some. Not only have the Giants addressed many of their needs, they've cleared up additional cap space in order to continue conducting business that needs to be done.

'Money' photo (c) 2010, 401(K) 2012 - license: http://creativecommons.org/licenses/by-sa/2.0/

On Thursday, the NFL sent out a press release detailing the cap space for all 32 teams, and although Big Blue is far from being in the best possible scenario, they have carved out $4.581 million in cap space.

These updated numbers include the signings of WR Louis Murphy, LB Dan Connor, TE Brandon Myers, K Josh Brown, S Ryan Mundy, CB Aaron Ross and DT Cullen Jenkins, as well as the re-signings of G Kevin Boothe, QB David Carr and LB Keith Rivers. It also takes into account the releases of DT Chris Canty, RB Ahmad Bradshaw, LB MIchael Boley and the pay cuts/restructures of LB Mathias Kiwanuka, OL David Diehl and CB Corey Webster.

There were, of course, a wide variety of other moves which we will update in our 2013 free agency score card later today.

Important note: These numbers were also adjusted due to four Giants reaching contract escalators (however, an adjustment was made in the case of Diehl who took a pay cut anyway).

Here is the full breakdown from the NFL:

Current contracts: 47
Previous year carryover: $1,000,000
Adjustments: $91,284
Adjusted cap: $124,091,284
Team cap: $119,510,326
Cap room: $4,580,958

Also…

Tags: David Diehl, Football, Jerry Reese, New York, New York Giants, NFL

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11 Responses to “New York Giants an Estimated $4.581 Million Under the 2013 Salary Cap”

  1.  giankees says:

    Does this include the tenders? I know we need about 3mill for the draft picks. Si looks like if ghis counts the tenders we could sign a few more min contracts like ol and cb or olb. Would be nice caus this year due to the fa being a buyers mkt we could add some more depth and talent actually

  2.  KingAndrewXXIII says:

    Like the idea of Pat White being brought in, even if it’s just to kick the tires on him. Like many, I love the idea of using him on the practice squad to help prepare for the likes of RG3, Kaepernick, Russell Wilson, etc. I am not sure if he is PS eligible – but if he is, I would like the move, as he would come for cheap.

    I also noticed someone mentioned Russell Shepard out of LSU as a potential late round pick. I’ve read a lot on the kid, and think if he’s there late – 6th or one of our 7th rounders, that he’d be an excellent pick up. Many scouts see him as possibly a DB convert, similar to what Richard Sherman went through – and with his size/speed, he could be an asset on ST as well…and potentially as the RG3 type in practice.

    http://www.rotoworld.com/player/nfl/7459/player

  3.  Kevros says:

    I can’t imagine how Pat White wouldn’t be eligible for the practice squad, since he only accrued one season of NFL experience…

    •  Kevros says:

      Nevermind, it’s one season of NFL experience or two years on a practice squad. He is not eligible.

  4.  jfunk says:

    I can’t imagine the Gants would go with White as the only QB. So, is he only being looked at as camp fodder or could he really challenge Carr? I think he’s just fodder.

    Surely they can find a kid with PS eligibility to run the pistol in practice.

    Or they’re actually thinking of carrying three QBs for the first time in the Eli era.

  5.  MentalHockey says:

    I’m going to post this again, since all you old timers were probably fast asleep dreaming about prune juice when it was first posted.

    It’s the defense of this team that needs the help, in all three levels. Offense will be fine wit the way it is, though there is OL depth concern. I believe that at least five of the picks in the draft will be defense, including three of the first four, as my mock submitted to Kujo will attest to.

    DE depth is questionable despite all the “amazing plays” made in the preseason. Yeah Ojomo, Trattou, Tracy and Broha could all be solid players, or they could be what they are right now, practice squad players and bottom of the depth guys who flashed against practice squad players and guys that are now bagging groceries. And who the heck knows which Justin “Stop Calling Me Jason” Tuck is going to show up this year.

    At DT we only have one solid in Joseph. Our other potential starter has a big question mark in will Jenkins be a major liability against the run? Then the depth is questionable as well. Can Shaun “Now No Chains” Rogers be effective? Is Austin finally going to show why he was drafted in the second round? Will Kuhn come back healthy and able to play right out the gate?

    LB has more then just depth questions. Can Rivers stay healthy enough to make an impact? Is Kiwi staying at SLB, moving to DE or is Fewell going to find his missing creativity and use him as a joker and line him up everywhere to create mismatches? Is Connors really an upgrade over Blackburn or is he the same slow, nonathletic white guy who’s only saving grace is that he gives it his all every play and can sometimes be in the right spot at the right time? Can Williams handle being a starter if called upon? Will Herzlich and Paysinger flash something to prove they can be more than just depth in the NFL? Will Maussau wake up, realize he’s Samoan and start laying dudes out with some ferocious style of football?

    And then we have the secondary. Will Webster regain his 2011 form or was last year the Corey Webster we’ll be getting, i.e. hot garbage. How effective are we expecting Thomas to be after his third ACL tear? Cause my guess is not very. Do we really expect guys who were sitting on various practice squads and couches last year to really be anything more then just that last CB on your depth chart? Prince will hold down one side, Hosley will be your nickle and Ross is solid depth but if Webster can’t regain his form, that other outside spot is questionable.

    Really not too many concerns with the safety position, despite some people complaining about Rolle and Brown.

    While they will probably all be depth guys their first years I could see 2014 starters at CB, LB and DE being taken in this draft. I can see Reese adding two CBs, a defensive linemen, a LB and either another LB or someone to compete for safety depth, depending on what they do with Kiwi. Then again, this is all just my opinion so take it for what it is worth.

  6.  Chad Eldred says:

    I have to concur with Krow. Kettle chips are freakin’ good.

    •  MentalHockey says:

      Not even just kettle chips. It’s the REAL kettle chips. That’s how you know its the good sh!t.

  7.  fanfor55years says:

    Not sure, but I think they need about $1.5MM for the rookies. That’s the amount that counts against the cap, not the total salaries. It’s a complex formula but counts only base salaries (and one or two of those doesn’t count because only the top 51 salaries count against the cap). Looks to me like they have a bit over $3MM left.

    That would not cover the tenders for Cruz and Brown. So there’s still some contract manipulation to come after they close out their deal with Cruz.

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