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According to the NFL Players League Cap Report published this morning, the Giants officially have 89 players under contract and have $2,036,009.00 in available cap space.

They have signed six of their seven draft choices. Only 3rd rounder DT Jay Bromley remains unsigned.

The players with the five highest cap hits in 2014 (in millions):

Tags: New York Giants, New York Giants Salary Cap
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After years of banging up agains the salary cap, the Giants are finally flush going into the season as per Jordan Raanan of the Star-Ledger.?
Despite all the transactions, the Giants have enough money to get all their draft picks under contract, a person familiar with the situation told NJ.com. They will then get another $5 million to spend come the beginning of next month thanks to a post-June 1 designation on the release of center David Baas back in March.

The NFL Players Association had the Giants $3.9 million under the salary cap with 82 players under contract as of late last week. That didn't include any of their seven draft picks (RB Andre Williams and S Nat Berhe signed on Friday) and the late additions of undrafted free agent tight end Xavier Grimble.....Apparently, that is enough money for the front office to get the job done.

Tags: New York Giants, New York Giants Salary Cap
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Not much to talk about, but finances are always in fashion. According to spotrac.com, the Giants are $3,824,382 under the salary cap.?That calculation is based on the below from spotrac:

The dead money consists of prorated bonuses paid to: Ahmad Bradshaw (2.5 mil), Chris Canty (1.7 mil), Michael Boley (1.4 mil), Osi Umenyiora (1 mil), Greg Jones (100,132), Matt McCants (66,174), Marcus Davis (15,000), Martin Parker (5,000)

The injured reserve balance (405k) is allocated to CB Antonio Dennard, who was waived/injured on May 16th but is not listed on Injured Reserve on the team's website.

Tags: 2013 New York Giants, 2013 NFL Draft Tight Ends, New York Giants Salary Cap
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From SNY Contributor Matthew Cohen:

There have been a lot of articles about the salary cap by team. Unfortunately, reports can be misleading mostly because at this point in time, teams have way more players on their rosters than they can keep after final cuts. Many players will not ultimately count against the salary cap as they will be cut.

Let's look at my current Giants' salary cap numbers. I only keep players on my list if they have a pretty good chance of making the roster.

Tags: New York Giants, New York Giants Salary Cap
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The Giants have the second most cap in the NFC East and are a team that usually uses up the entire cap by the time the season begins. Lets take a look at a few way the Giants can manipulate the cap entering Free Agency:

Scenario 1

Tags: 2013 New York Giants, 2013 New York Giants Draft, 2013 New York Giants Free Agents, 2013 New york giants salary cap, 2013 NFL free agency, Free Agency Frenzy, Free Agent News, New York Giants 2103 free agency, Editorial Aside
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From Matthew Cohen SNYGiants contributor

Jerry Reese has had to wield the axe (Boley, Bradshaw and Canty) and will have to cut some more (Webster and Diehl) but he will have some maneuvering room.

Let's make some assumptions about some signings of former Giants:

Tags: Jerry Reese, New York Giants, New York Giants Salary Cap, NFL
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Michael Boley was a productive outside linebacker for the Giants the past four seasons, especially down the stretch in 2011 ? the Giants? most recent Super Bowl winning season.

But football is a business, and with the imminent salary cap issues the Giants will face, Boley, who was due to earn $4.25 million in 2013, was released.

The move was not a total shock, but it now opens the door for the 25-year-old Jacquian Williams to slide into a starting role.

Tags: 2013 New York Giants, boley released, Free Agency, giants, giants salary cap, jacquian Williams, Jerry Reese, linebackers, Michael Boley, New York Giants, NFL Salary Cap, NYG, Editorial Aside, Tom Coughlin
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The Giants are a better team today than they were when they rode up Broadway in February. You many not think so, but they are.

One reason is they answered the immediate questions by signing back many of their own free agents and adding three others: TE Martellus Bennett, OT Sean Lockhart and DB Antwaun Molden. They also traded for veteran LB help in Keith Rivers. These players will provide much needed depth to the Giants' rank and file.

Another reason, is they managed the cap well. By signing several key players at - or close to - the veteran minimum, they are in a good position going into the draft. They have 65 players under contract with an approximate cap figure of $123 million.

Tags: New York Giants, New York Giants News, New York Giants Salary Cap
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