The New York Giants have a few difficult decisions to make during the 2021 off-season, and a lot of it will revolve around their available cap space. League officials believe the cap could drop as far as $25 million from $200 million to $175 million. This would severely limit the ability to allocate resources toward potentially expensive players. The receiver market is expected to be flush with talent, but the price-points will be lower than usual due to COVID-19 and the financial restrictions it had on the NFL.
I would expect plenty of players to settle for one-year deals, hoping to cash in when the cap rises again in 2022.