Giants Free Agency/Salary Cap Snapshot

New York Giants Latest Salary Cap Estimates, March 24
Spotrac.com: $5,495,091
NFLPA Public Report: $4,570,088

From Andrew Cohen of Rotoworld:

Substantial FA Acquisitions
Geoff Schwartz (Signed four-year, $16.8M deal)
Dominique Rodgers-Cromartie (Signed five-year, $35M deal)

Total Money Given to Substantial FA’s = $51.8 million
Fully Guaranteed Money Given to Substantial FA’s = $16.7 million
2014 Cap Hit of Substantial FA’s = $5.1 million

Cohen’s commentary:

A longtime apprentice to Ernie Accorsi, Giants GM Jerry Reese is often associated with the “build-through-the-draft” approach of his former boss. In Reese’s first year on the job in 2007, seven of the eight players he drafted were active during the Giants’ Super Bowl XLII upset of New England. Yet recently, Reese has struggled to acquire impact players through the draft.

It’s fair to wonder if Reese’s draft-day struggles are playing a role in his markedly active free agency thus far. While most of the outsiders that he’s brought in have been low-risk transactions—even the four-year deal given to Geoff Schwartz can be cheaply terminated after one season—the large investment made in Dominique Rodgers-Cromartie is certainly un-Reese-like.

John Fennelly, Lead Writer

It’s obvious to everyone that Reese has mishandled both the draft and the salary cap the past few years. Over the past two weeks, however, he’s been able to correct a good deal of that by cutting players outright and getting others to agree to salary cuts.

He’s added a slew of players in free agency that will make the team both younger and hopefully better. Now he has to follow John Mara’s directive to draft players that can hit the ground running instead of the “high potential” players that take years to develop.

Two moves that Reese may not be able to get out from under are the signing of Will Beatty to a five-year, $37 million deal last spring and the decision to use two draft picks to trade up for Syracuse QB Ryan Nassib in the fourth round of last year’s NFL Draft.




21 comments
Michael Stewart
Michael Stewart

The Giants will receive an extra 5th round pick from compensation. I was speculating that the compensatory pick would be a 6th or 7th rounder. In a deep draft, that extra pick is good for the G-men

Peter Sinapi
Peter Sinapi

Now that Lewan is going to jail, I don't see the GMen grabbing him. Donald and Ealy are right there along with Barr as defensive options. 2 questions:

Would you trade up to the a Raiders if a Clowney is still available?

If you are think skill positions rounds 1 and 2...which twosome do you prefer:

Evans and Amaro

Ebron and Benjamin

Just for conversational purposes. I'm pretty bored at work right now.

Peter Sinapi
Peter Sinapi

Giants 2013 redraft:

1 - Justin Pugh

2 - Keenan Allen

3 - DaMontre Moore

4 - Zac Stacy

5 - LaAdrian Waddle

6 - Joseph Fauria

7 - Paul Worrilow

OL is fixed, play makers at WR and RB. A solid TE and a LB that made All Roomie defensive honors. Use the money saved on Schwartz and Jennings to resign Joseph and Tuck. All other moves are the same and the 2014 roster is stacked.

Bo Beck
Bo Beck

It's time for this team to do what they never do, trade back grab more picks build through the middle of the draft. While taking the best available players in Rd's 1 and 2. Why hasn't this team signed Robert Ayers? 

Jeff Comerford
Jeff Comerford

Where I think the Giants still have several needs - i think from a priority perspective their biggest need is offensive line.  Center, and possibly tackle - depending on Beatty.


The other positions - 1. TE,  then dline/WR,  - they could get away with what they have.  (Based on previous performances their 2 TEs are not NFL quality starters, but if the position is not emphasized they could get away with it).  DLine and WR they would be looking for depth.


The jury is still out on 2013 - but their could be 3 starters on this years team from that group.  2012, 2011 (prince, jernigan and jacquian) and 2010 (JPP only one left) are rough 

espirence
espirence

Mr Fennelly I would say your criticism of Reese is unjustly harsh. You could say his recent drafts haven't been as good lately but keep in mind the 2013 draft is still being evaluated, the unfortunate car crash of Jones as well as the neck injury to Wilson contributed to this. As for Wilson he's loaded with potential pro bowl kick returner and he may turn out to be terrific. Additionally Reese is directly responsible for that 2007 draft you spoke of.

Re the cap how can you say that's mishandled obviously he found a lot of cap space plus still has $5mm available plus additional $5mm after June 1. All of this done without extending Eli Manning which probably will be done next year when we will be again loaded with cap money. BTW the Beatty contract is quite reasonable for a quality Left Tackle which he was at the time of the contract and better get his act in gear this year

Add to this he has 2 Super Bowls over a time span when nobody else has more then 1.

Putting into perspective there is no way you can come to the conclusion Reese is doing a bad job or that his job is on the line. You can rest assured if Reese was fired he would be snapped up in a heartbeat!!!!

My feeling of what your writing is complete idiocracy. (which I know is not a word but I think you understand my intent.  

Michael Stewart
Michael Stewart

Based on the Giants cap availability ($5,495,091), it appears that they are done with FA, unless they sign someone for a very minimal amount. The remaining cap space will be used for the draft. So as it stands now, the Giants top  needs are DL, TE, WR, LT...With 6 picks and maybe 1 more from compensation (most likely in the 6th or 7th round) the Giants can address each need and perhaps focus more on 1 or 2 positions more in the draft. For example, based on their FA signings and current roster, it wouldn't surprise me now if the Giants draft at each 3 prospects from the DL (DL/DE) out of their draft picks. Giants need pass rushers, so it wouldn't surprise me if they draft two DE or a DE/OLB rusher off the edge. 1 pick for a TE, 1 pick for a WR and 1 or 2 for a OL. Just my opinion, no prove to back it up.

Michael Stewart
Michael Stewart

I made this statement months ago regarding Reese and FA and that was he must think outside of the box and approach FA differently; which he has. I believe Reese understands his failures over the last couple of years (FA and the draft) and also understands that his job is possibly on the line if he doesn't improve this team quickly. Thus far, Reese has done well in FA (one paper) and hopefully, he does well in the draft.

spider43
spider43

@Bo Beck  .... According to Pro Football Talk, the majority of teams all want to trade back for the same reason the Giants might -- to accumulate draft picks in a deep, solid draft. The Giants likely won't find a trade partner to trade down with, because no one will want to give up picks to trade up.

SNYGiants
SNYGiants moderator

@espirence  I appreciate your candor, but I've been one of Jerry's staunchest supporters over the years. Every other major blogger on the net (and a few beat writers) have already called this a make-or-break year for Reese. I don't believe he will be fired, but others who are closer to the team say otherwise.


There can be no denying Reese's two SB rings but there is absolutely no doubt that Reese has drafted rather poorly and has reached. He's missed more often that he's hit in the draft. Go back and look at some of those 2-3-4 round picks and tell me where they are today. They should be in Giant blue but many of them are out of football.  That all came home to roost in 2013 when the Giants ran out of bodies. 

Rosanna Camporeale
Rosanna Camporeale

@Michael Stewart The Giants will get another 5 million in cap space come June 1st when Baas's salary counts.  He was designated as a June 1st cut.  They technically still have the money to go out and get more FA's but not sure that they really will do that.

SNYGiants
SNYGiants moderator

@Michael Stewart  His job is on the line. The Giants must make the playoffs this season or the ownership will be looking to go in a different direction. 


I feel they will be a playoff team this year, so we will never find out. 

espirence
espirence

@SNYGiants @espirence


Tell me one credible person close to the Giants that says Jerry will be fired 


You also stated cap space mishandled and I don't see any retort on that


I stated the draft has slipped a little Okay I looked


Round 1 2008,9,10,11,12,13, Justin Pugh, David Wilson, Prince Amukamara, Hakeem Nicks JPJ, K Phillips


Now if Phillips doesn't get hurt he is a star that makes 5 of 6 all studs and book still open on Wilson


Round 2 Hankins, Randle, Austin, L. Joseph, Sintim & Beatty, T Thomas


Hankins all indications are he'll be good, Randle looks pretty good, Joseph very good, Sintim ok bad, Beatty was looking very solid ?? and TT was great until 3 knee operations


Round 3 Super Mario, Barden & Beckum, Chad Jones, JJ, Holsey, Moore 4 out of 6 Giants


Maybe we found the problem we stink at round 3 but some hope with JJ, Holsey and Moore and Mario was a solid pick


Round 4 Andre Brown, Dillard, Brewer, Robinson, Nassib 3 out of 5 still Giants


Brown was good, Dillard bad, Brewer should be better by now, Robinson hurt last year and I'm expecting big things from him and Nasssib you said he would be the 1st quarterback if in this years draft


Also we picked up some undrafted players like Cruz and hynoski


I agree draft has slipped but now awful considering where we drafted but another issue is some big unfortunate injuries



JamesWS
JamesWS

@SNYGiants @espirence  I agree. There is no doubting that Reese was slipping in the draft the past few years and that was a direct cause for our poor season last year. We lacked depth at OL and LB. Everyone knew this going into week 1; and it was undoubtedly the reason the wheels fell off so quickly. You can't blame anyone but Reese for those issues. 2013 is on Jerry Reese.

JamesWS
JamesWS

I wonder why we haven't signed Mike Patterson for a minimum deal. Is he injured?

Andrew Cohen
Andrew Cohen

@SNYGiants you think his job is on the line barring a playoff berth? still just two years removed from last SB and has 2 rings in 7 years on the job (he's also been w/ the organization for 20 years), so i feel like his leash is a bit longer. 


But hopefully you're right, we end up making the playoffs & we'll never find out. And appreciate the repost of the Rotoworld bit! 

JamesWS
JamesWS

@Andrew Cohen @Rosanna Camporeale @Michael Stewart  I'm under the impression draft picks will cost approximately $5 million. Either way, the Baas cut should give us another $5 million on top of the $5 million we already have. Because the Baas money comes in on June 1 (a mere 20 days after the draft ends), we could technically spend all $5 million that we currently have on FAs and still have enough money to sign the rookies.


I'm not advocating that we spend all $5 million now. I agree with our policy of having a few million in the bank in case we need to make an emergency move in-season (see: Jon Beason), but we could certainly sign one more player to a veteran contract or up to $2 million. I know its not a ton of money, but I think we could get a rotational DL or if we pony up, DLP.

SNYGiants
SNYGiants moderator

@Andrew Cohen @SNYGiants  You could be right about that. But watching John Mara when speaking about last season and listening to  the inflections in his usually monotone delivery tell me there's an urgency to turn this around.