From Rotoworld: It's a 77.7 percent reduction. The savings are likely why the Giants were able to re-sign LG Kevin Boothe. Going on 33 and coming off another shaky campaign, Diehl won't be a guaranteed a starting job, but is the favorite to man right tackle come Week 1.
The Giants are very close to turning the page on their vaunted offensive line of the late 00's that set a record for consecutive games played. Of that group, only Chris Snee and Diehl remain and both are in the sunsets of their careers. Snee is recovering from offseason hip surgery and Diehl has also been slowed by injuries of late. The team needs him to bridge the gap between the old and the new (James Brewer, Brandon Mosley or a draft pick). After serving the Giants well for the past decade, this season figures to be Diehl's final one with the Blue.
Diehl had recently said he was open to do whatever it takes to help the club keep it's core stars, namely WR Victor Cruz. Being the team-oriented guy that he is, he did just that.