What the release of Aldrick Rosas means for Giants’ cap

What does the release of former Pro Bowl kicker Aldrick Rosas mean for the New York Giants’ salary cap situation?

On Sunday, it was reported that the New York Giants will release former Pro Bowl kicker Aldrick Rosas due to his June arrest for a hit-and-run that resulted in three misdemeanor charges, including reckless driving on a highway, hit-and-run property damage and driving while suspended/revoked for DUI of alcohol/drugs.

Following word of his impending release, Rosas posted a “thank you” and “goodbye” on Instagram.

“I want to thank the Mara and Tisch family for the past three years with the New York Giants. It’s been an incredible ride and I’ve met so many amazing coaches and teammates!” Rosas wrote. “I wish I could’ve performed at the level I know I can play at, I have nothing but love toward the New York Giants. The values of character, love, and family are seen in every day life at the facility within the staff and management. Thank you to all my fans who showed love and support through the years! Go Giants.”

With Rosas now heading out the door in East Rutherford, what does that mean for the Giants’ salary cap situation?

The Giants placed a second-round restricted free agent tender on Rosas in March, which he signed in April, giving him a non-guaranteed $3.26 million salary for 2020.

Rosas’ release means that entire amount comes off the books for New York, and carries no dead cap with it. That boosts their total available cap to roughly $19.9 million, but a substantial portion of that will be eliminated in the coming days as their draft picks finally begin to sign their rookie deals.

That number also does not factor in the one-year deal being given to Chandler Catanzaro, who will reportedly be signed to replace Rosas. The exact financial details of that contract have yet to be released.

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