With free agency officially beginning on Wednesday, the New York Giants had already spent a significant amount of their available cap-space in the two days prior. Now, they sit with approximately $10-11 million left in space, and with their new front-loaded contracts mentality, their wiggle room is cut significantly.
However, there are still ways they can open up cap space, for example, restructuring Nate Solder’s contract and rescinding the franchise tag on Leonard Williams to extend him on a multi-year deal with less money per season.
The way GM Dave Gettleman is structuring new free-agent contracts indicates that the team is looking to improve gradually and cut their losses after two seasons.