New York Giants: Are More 2013 Salary Slashes on the Way for Big Blue?

February 27, 2013   ·   Kevin Boilard   ·   Jump to comments

Last Thursday New York Giants defensive end Mathias Kiwanuka agreed to restructure his contract, according to Jenny Vrentas of The Star-Ledger.  This move, plus the release of Ahmad Bradshaw, Chris Canty and Michael Boley, has freed up an estimated $15 million in cap space for 2013, per Vrentas.
Kiwanuka, like many other players that agree to restructure their deal, is not expected to lose a cent, as his cap number will go up slightly in 2014 and 2015.  Could more Giants be following in Kiwanuka’s footsteps shortly, helping the team find the money to retain several key free agents?
Even though Kiwanuka’s cap figure was reduced from $5.125 million to $4.125 million, New York still has seven veterans slated to make upwards of $5 million in 2013.  If a few of those players can agree to a restructured deal, re-signing soon-to-be unrestricted free agents—impact players, like Will Beatty, Martellus Bennett and Kenny Phillips—will become much m...

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