The Giants won't be able to see veteran WR Golden Tate until Week 5 of the regular season after his suspension appeal for his violation of the NFL's PED policy failed.
But there are more implications to Tate's verdict other than him simply sitting out the first four weeks.
It was reported yesterday that Tate will be losing $464,706 of his $1.975 million base salary for missing time. However, former agent and CBS Sports' Joel Corry says he'll also be missing out on $558,235 of his signing bonus and $176,471 of his roster bonus.
And that's not it. The biggest ramification may be Tate losing his guarantees on his $7.975 million salary for the 2020-21 season next year. For the Giants, that would make it easier to get rid of his contract if all doesn't work out this season.
GM Dave Gettleman is trying to rebuild this Giants roster to bring them back to their winning ways, and next offseason could see a big leap in that agenda. For one, Eli Manning's contract comes off the books. That adds a good chunk of extra cap space, which is currently around $60 million.
Gettleman will obviously look for more wiggle room in that sense, and with Tate's guarantees void for next season, it would be easier to get rid of the rest of the four-year, $37.5 million contract he signed this offseason to fill Odell Beckham Jr.'s absence. Others like Janoris Jenkins and Alec Ogletree will also be under consideration depending on their performance this season.
The Giants know that building around Daniel Jones, their No. 6 overall pick back in April, is the best way to bring in more playmakers on both sides of the ball. NFL teams like the Chiefs with Patrick Mahomes have shown success with that model, and the Jets with Sam Darnold are currently going through that as well.
Tate issued a statement after the news yesterday, saying, "I went into this arbitration with the understanding that due to the facts, unlike many other cases, we could be the exception to win. Unfortunately the NFL stood by their no tolerance policy, which I hope one day to help have a part in reforming, so no other player has to go through this situation."
While apologetic, Tate knows that when he does come back to face the Vikings at MetLife Stadium on Oct. 6, he'll need to make an immediate impact. Because now his performance means a lot more if he wants to stick around in New York next season.