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New York Giants Latest Salary Cap Estimates, March $5,495,091

NFLPA Public Report: $4,570,088

From Andrew Cohen of Rotoworld:

Substantial FA AcquisitionsGeoff Schwartz (Signed four-year, $16.8M deal)

Dominique Rodgers-Cromartie (Signed five-year, $35M deal)

Total Money Given to Substantial FA’s = $51.8 millionFully Guaranteed Money Given to Substantial FA’s = $16.7 million2014 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.

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.

Tags: New York Giants News, New York Giants
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