Remember when the New York Giants were over the cap and there was unjust panic about the potential inability to sign any of their own free agents, let alone other free agents and their draft picks? Well, not only have the Giants done all of those things (save for draft picks Justin Pugh and Ryan Nassib, who remain unsigned), but they've managed to clear additional cap space and now have approximately $3.31 million in room — all with a full 90-man roster.
As of May 26th, the team is $3,312,849 under the 2013-2014 cap, but that does not include the salaries of the aforementioned Pugh and Nassib, nor does it include the potential long-term deal with current restricted free agent (RFA) Victor Cruz. It's also unclear if it accounts for the one-year, $715,000 deal given to wide receiver Ramses Barden.
Although not a whole lot of wiggle room, it's proof that concern over the cap tends to be a bit premature and that General Manager Jerry Reese is a master of adjusting whatever it is he needs to. However, that cap management may become a tad more difficult as the team attempts to fit in Cruz before they (likely) begin working on long-term deals for both Hakeem Nicks and Jason Pierre-Paul.
For more information on the Giants cap, we would suggest you bookmark the website New York Giants Salary Cap Central (you can also follow them on Twitter) and give former NFL agent, Joel Corry, a Twitter follow.
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