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NFL Salary Cap

We reported last week that the NFL Salary Cap would take a significant jump this season, perhaps to $130 million. TV revenues are starting to roll in and now the cap is expected to be even higher beginning this season.

From Mike Florio of PFT:

"Reports have put the salary cap as high as $132 million for 2014, the same source has said, once again, it will be higher.

Per the source, the cap could be a ?few million? higher than $132 million. If this means $3 million more than reported, the cap could be as high as $135 million. That would amount to an 9.75 percent increase over last year, the biggest spike by far since the 2011 labor deal was negotiated."

That would help the Giants greatly, who are not only looking to score several big name UFAs bus are also trying to re-sign several of their own free agents (i.e. Linval Joseph) this spring.
Tags: 2014 New York Giants, NFL Salary Cap
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Getting and staying under the salary cap has been an annual struggle for the Giants. It has kept them from becoming major players in free agency in recent years and has also prevented them from retaining some of their own players.

Today, we get some good news on that front. First, Pat Kirwan of CBS Sports.com reported that the Giants were approximately $10.2 million under the cap with 51 players under contract.

Now comes the news that the NFL may be raising the salary cap by around $7 million. That will will be a godsend for a team such as the Giants, who wish to retain the likes of Justin Tuck and Linval Joseph.

Tags: 2014 New York Giants, NFL Salary Cap
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Here we are, the final dead day of the offseason. Teams can start pursuing players beginning midnight tonight but are restricted to talking with agents. Players are off limits until Tuesday at 4pm. No contact with or visits to/from are allowed until then.

Over this 88-hour period, the Giants will put on a final push to re-sign some of their own UFAs (specifically OL Kevin Boothe and TE Martellus Bennett) and look into a few players from other teams due to hit the market on Tuesday.

You can basically use your imagination on who they could bring in from the outside. SNYGiants insider Ralph Vacchiano believes the Giants are around $10.5 million under the salary cap and states that won't be enough to get much more than the basics done this winter....

Tags: New York Giants News, NFL Salary Cap
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The NFL announced the 2013 salary cap limit will be set at $123 million, a $2.4 million increase from the 2012 cap of $120.6.

This helps the teams that are constantly banging on the cap ceiling (like the Giants) to retain some of their in-house talent. The additional escarole will certainly help the Blue in terms of re-signing some of their UFAs and/or extending some of the stars they currently have under contract.

The Giants are approx $2.5 million under according to NFL.com. They need all the financial help they can get if they have any designs on bringing back TE Martellus Bennett and placating WRs Hakeem Nicks and Victor Cruz.

Tags: New York Giants News, NFL Salary Cap
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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 NFL levied heavy sanctions against the Dallas Cowboys and Washington Redskins today for front-loading contracts during the uncapped year of 2010. The Cowboys will lose $10 million in cap space over the next two years and the Redskins will lose a whopping $36 million.

According to Rich Tandler of CSNWashington:

The team?s front office restructured some contracts to take advantage of the fact that there was no limit on spending, despite some warnings by the league that this could result in future penalties. The two biggest moves they made were to restructure the contracts of Albert Haynesworth and DeAngelo Hall so that $21 million and $15 million of charges scheduled to go into future years were charged to 2010.

Tags: 2012 NFL Salary Cap, NFC East, NFC East News
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As suspected, with one day remaining before teams can begin negotiating with UFAs, the NFL stated the 2012 salary cap will be $120.6 million, a slight increase ($ 225k) over last season.

We reported the Giants are approximately $8 million under that number after redoing Eli's contract and releasing Brandon Jacobs. According to the website spotrac.com, the Giants have 43 players under contracts totaling $112.3 million.

Some newspapers and websites are reporting different numbers. From Bart Hubbuch of the Post:

Tags: 2012 NFL Free Agency, 2012 NFL Salary Cap, New York Giants, New York Giants News
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We finally got off our duffs and did a little research in regards to the salary cap. Although we can't hang our hats on these figures, we believe them to be fairly close if not completely accurate.

According to the sports finance website spotrac.com, the Giants currently have 43 players under contract and a 2012 current cap figure of $111,681,603. That includes all of the activity over the past week. RB Brandon Jacobs, who was released yesterday, is still hitting the cap figure with a buy-out number of $1,962,500.

The salary cap number is scheduled to be released on Monday according to our friends at Pro Football Talk:

Tags: 2012 NFL Salary Cap, New York Giants, New York Giants News
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Put yourself in Giants' GM Jerry Reese's shoes. Your team just won the Super Bowl, but the immediate future is in jeopardy. Nearly half your roster is eligible for free agency, while others under contract look for pay increases.

You have several players that appear to be a tad bit overpaid. Some of of them will simply have to restructure...but how can you go to your stars and ask for money back after a championship season...?

Here are the Giants top nine paid players according to spotrac.com...

Tags: New York Giants, NFL Salary Cap, Standard, Salary Cap
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In the next few weeks we will learn who the Giants value and who they feel they can do without. The past few days, myself and one of our astute readers - Matt Cohen - have been discussing the Giants' options in forging their 2012 roster under what looks to be a flat cap ($120 million). The below is from Matt, with a few comments from myself....

On franchise tags.....None of the free agents are franchise-worthy.

Will Eli restructure to help out?

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