Tag Archive: New York Giants

Mar 09

Update on Corey Webster’s Restructure – Giants Tack on Voidable Season

Categories:

Contracts, NFL Free Agency, Salary cap

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The other day, I wrote an article on the moves the Giants made with Corey Webster and David Baas (that article can be found by clicking here). For those who don’t want to revisit the whole story, this was the portion written about Webster:

“First, let’s take a look at Webster. 2013 will be the final season of a five-year extension he signed with the Giants in December 2008. His base salary was originally set at $7 million for this season while various other bonuses brought his cap hit to $9.845 million. All Webster agreed to do here was … Read the rest

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Mar 08

The difference between the Giants’ dealings with Webster and Baas

Categories:

Renegotiations, Salary cap

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If you’re someone who loves NFL cap stuff enough to be a frequent visitor of OverTheCap, you’ve probably already heard about the Giants’ transactions today with cornerback Corey Webster and center David Baas. Before these deals fade out of your memory I wanted to take some time to break down all the numbers involved with these moves, especially on Bass’ contract.

First, let’s take a look at Webster. 2013 will be the final season of a five-year extension he signed with the Giants in December 2008. His base salary was originally set at $7 million for this season while various … Read the rest

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Mar 07

Victor Cruz and Restricted Free Agency

Categories:

Contracts, NFL Free Agency

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A little while ago, ProFootballTalk.com posted their “Free Agent Hot 100″ list, which, as you might guess, is their list of the top 100 NFL free agents this offseason. As I scrolled through the list, something stuck out to me: only 5 of the players on the list are restricted free agents (“RFA’s”). Although RFA’s historically generate little interest on the free agent market, it seems this year there are only a few quality ones to pursue anyway. For now, I wanted to focus on wide receiver Victor Cruz of the New York Giants, who is the only RFA … Read the rest

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Feb 28

Will Beatty Contract Details

Categories:

Contracts

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We now have the numbers up for Giants LT Will Beatty and based on the latest tweets by Joel Corry I think its safe to assume my early estimates are now confirmed.

Beatty will count for $3.55 million against the cap in 2013 for the Giants and will not be higher than $8.05 million in the first three years of the contract. Beatty received a $12.5 million dollar signing bonus which will most likely … Read the rest

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Feb 12

Giants save $1.55 million in Terrell Thomas’ Contract Renegotiation

Categories:

Contracts, Renegotiations

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Continuing their string of early offseason moves, the Giants and Safety Terrell Thomas agreed on a renegotiated contract that would give him a chance to battle back from injury and make the team in 2013. Thomas’ old contract called for a $6 million dollar option bonus to be paid in 2013, a bonus he had no chance of earning due to his injury history. Jenny Vrentas of the Newark Star Ledger shares the details of the new deal:

Thomas’ base salary is $630,000, the minimum for his experience level, which also includes a split of $358,000, i.e. a lesser value

… Read the rest

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Feb 05

Victor Cruz and Giants Butt Heads Over Contract

Categories:

NFL Free Agency

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Jenny Vrentas of the Newark Star Ledger has an update on the latest contract negotiations or lack thereof between the New York Giants and star WR Victor Cruz. The piece right now that I found of most interest was this tidbit:

Asked if Cruz’s asking price is unreasonable, Mara said, “Well, right now, but that’s his agent. But that’s what agents do, and we’ve got a lot of time to work something out, and hopefully we’ll be able to come together.

Cruz is in an interesting situation in that the Giants still control his rights to some extent because he … Read the rest

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