The New York Giants on Monday agreed to a re-structured contract with reserve cornerback Josh Jackson, driving his 2021 salary cap hit down by slightly more than $400K.
Giants CB Josh Jackson agreed to a reworked deal for the final year of his rookie deal. He’s now due a base salary of $920K (previously $1.33M). New York is close to the cap and this creates a bit more space as well.
— Field Yates (@FieldYates) September 6, 2021
The Jackson restructure is part of a larger, and necessary, effort by the Giants to get under the salary cap by Thursday, when the top 51 rule expires and the salaries of all players on the roster, practice squad, suspended or PUP list count toward the cap.