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 Subject :New York clears $5 million in cap space ahead of the draft.. 29-07-2019 10:34:46 
liny195
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"WhiteFanposts Fanshots Sections New York Giants NewsGiants Training Camp 2016Giants vs. Eagles 2015 White Eli Manning Jerseys , Week 17New York Giants NewsGiants restructure guard Kevin Zeitler’s contractNew,115commentsNew York clears $5 million in cap space ahead of the draftEDTShareTweetShareShareGiants restructure guard Kevin Zeitler’s contractShanna Lockwood-USA TODAY SportsThe New York Giants, in need of some cap space ahead of this weekend’s NFL draft, turned to newly acquired guard Kevin Zeitler, who had a $10 million cap hit scheduled for this year, for some help.According to Field Yates of ESPN, the Giants converted $7.5 million of Zeitler’s $10 million base salary into a prorated signing bonus. The move lowers Zeitler’s 2019 base salary to $2.5 million with a $2.5 million of his now converted base pushing his total 2019 cap hit to $5 million.Overall, the move clears $5 million off the 2019 Giants cap. New York, who had recently dipped to under $9 million in space following a flurry of moves, now has $14.555 million in cap space, per the NFLPA web site. That should be plenty of money to get their upcoming draft class signed and to add a post-draft veteran free agent or two Eli Manning Jerseys 2019 , if they so choose.When a player is traded to another team, his old team absorbs whatever money is left as part of the contract’s original prorated signing bonus in the form of dead money. That means that the Browns absorbed the remaining $12 million of Zeitler’s signing bonus after trading him to the Giants in exchange for edge rusher Olivier Vernon last month.By restructuring Zeitler’s contract, the Giants have added $2.5 million per year in 2020 and 2021, making Zeitler’s new cap numbers $12.5 million in 2020 (from $10 million) and $14.5 million in 2021 (from $12 million) but those bumps are modest.Per Over the Cap, the Giants 2019 rookie draft salary pool is estimated at $13.798 million. However, with the Top 51 cap rule currently in place through the end of the preseason, as rookies are signed, they will likely knock some of the lower priced veterans on the back end of the Top 51 out of the equation.For example, if a rookie has a $1 million cap hit, he would bump a player who has a $600,000 cap hit White Odell Beckham Jerseys , meaning the next change in the cap space is only $400,000.According to NFL salary cap rules, all signing bonuses given to draft picks count against the cap in their prorated form. ASHBURN, Va. (AP) — Landon Collins wore No. 21 in honor of Sean Taylor. Now he’ll don the same burgundy and gold as his idol.Collins on Monday agreed to sign a six-year, $84 million deal with the Washington Redskins that includes $45 million guaranteed. After the New York Giants let Collins walk rather than pay him $11.2 million with the franchise tag, he’ll make an average of $14 million per season as one of the highest-paid safeties in football.A person with knowledge of the agreement confirmed the deal to The Associated Press on condition of anonymity Monday because it can’t become official until free agency opens Wednesday. It’s the latest big move by the Redskins after they agreed last week to acquire quarterback Case Keenum from the Denver Broncos.Swapping 2020 sixth- and seventh-round picks with Denver to get Keenum is a low-risk trade to fill the void left by Alex Smith’s career-threatening injury. Signing Collins is another expensive splash for an organization that has a reputation for spending big in free agency .Before New York selected him 33rd overall in the 2015 draft, Collins said he always wanted to play for the Redskins because of Taylor, the hard-hitting safety who died after being shot at his home in Florida in 2007.The 25-year-old Collins led the Giants with 96 tackles last season, and his 437 since entering the NFL in 2015 are the most among safeties in that time. In 59 career games, Collins had eight interceptions but none last season.“He is a complete safety,” retired safety Will Blackmon said on Twitter. “He is a leader Odell Beckham Jerseys 2019 , he’s smart, he can cover man or zone, he has great ball skills, he has really good instincts and most importantly he can tackle extremely well.”Getting Collins fills one of Washington’s biggest needs on a defense that ranked 17th in the league last season. The team acquired safety Ha Ha Clinton-Dix from Green Bay at the 2018 trade deadline, but he is set to be a free agent. D.J. Swearinger was released late in the season after repeatedly questioning the coaching staff and was claimed off waivers by Arizona.There’s also uncertainty about safety Montae Nicholson, who was arrested in December for assault and battery and missed the final two games of last season.Collins’ situation is reminiscent of when the Carolina Panthers let cornerback Josh Norman go by rescinding the franchise tag after his All-Pro season in 2015. The Redskins then signed him to a $75 million, five-year contract.Giants general manager Dave Gettleman was then GM of the Panthers, which led Norman on Monday to tweet , “In ‘Gettleman’ WE Trust (All-DBs) securing the” money.The irony is that Norman is among the players who could be released to save salary-cap space. Releasing Norman would save the Redskins $8.5 million after three seasons with the team.
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