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Giants' Nate Solder signs new deal that lowers his salary and cap hit

The Giants are bringing back their oldest offensive lineman on what they are calling a "new" contract.

Nate Solder, who opted out from the 2020 season over COVID-19 concerns regarding the health of his family and was already under contract for 2021 and 2022, signed the deal on Wednesday. It will lower his salary this year from roughly $10.5 million to about $4 million and, more important for the Giants, reduce his salary-cap hit from $16.5 million to around $10 million.

That salary and obligation are more in line with the role Solder figures to play in 2021, which is a swing tackle who will compete with second-year player Matt Peart for the starting right tackle job.