The opting out of left tackle Nate Solder has given the Giants a $21 million dollar salary cap cushion for this year. What they plan on doing with that new found wealth is still to be determined.
Giants have $21,441,149 in salary cap space, per @FieldYates.
Ideally, they carry much of that to compensate for inevitable 2021 cap decrease + the tolling of Nate Solder.
But when it comes to solidifying CB, the juice – within reason – is worth the squeeze on Logan Ryan. https://t.co/hlL0mlUDVt
— Art Stapleton (@art_stapleton) August 7, 2020
Yes, cornerback Logan Ryan would be a nice fit for the Giants. As a former New England Patriot and Rutgers star, the Giants are very familiar with him, but he’s been out on the free agent market for months for a reason. He wants too much money.
However, the Giants, who are suddenly in need of cornerback help due to the loss of DeAndre Baker, who is on the commissioner’s exempt list, and Sam Beal, who has opted out they could sorely use Ryan’a services.
Ryan, 29, played for the Tennessee Titans last year and had an up-and-down season. He is reportedly seeking a multi-year deal at $10 million per. He is overpricing himself. The Giants would only bring Ryan in if he lowers his ask, and then it could only be for a year or two.
The Giants’ adjusted salary cap this year stands at $197.4 million with a Top 51 cap figure of $175.7 million. The problem with beefing up on commitments that carry on next year and beyond is that the salary cap will decrease in 2021 due to the loss in revenue sparked the coronavirus restrictions. According to Spotrac, the Giants’ 2021 adjusted salary cap is expected to be juts over $180 million but could be a lot less.
The NFL had been growing exponentially over the past decade and predictions were that the cap could soar to $210 million in 2021. Now, the league is seeking to modify that number, proposing a flat cap of around $175 million.