By Anthony Caruso III | Publisher
According to a report by ESPN, cornerback James Bradberry’s future may be in doubt with the New York Giants. This off-season, a new front office is taking over the franchise.
He had signed a three-year, $43.5 million deal with the team. He has been with the Giants for the past two seasons.
According to NBC Sports’ Peter King, new Giants GM Joe Schoen is looking to clear $40 million in cap space before the new league year starts.
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Bradberry has one year left on his contract. The 28-year-old is looking at the odds against him.
Schoen is looking at a $12.1 million cap savings if he’s released before June 1st. The Giants would face a $9.7 million dead cap hit.
The numbers would be the same if he’s traded before June 1st. However, the numbers would change if he’s released or traded after June 1st.
This scenario is not likely though. The Giants would receive $8.3 million in 2022 dead cap hit if he’s released or traded after June 1st. The team would have a $1.3 million hit onto their 2023 dead cap.
Either scenario would save the team $13.5 million.
“It’s a concern and it’s real,” Schoen said of the cap situation last week. “Kevin Abrams and I haven’t talked about it yet. We looked at it, we’re going to get together at the end of the week or first of next week to start formulating a plan, but we’re going to have to get below the salary cap.
“We’re going to have to clear some money, but when the new head coach gets in here, the new staff, we’re going to get together, we’re going to watch the film, we’re going to evaluate everybody, we’re going to talk to the support staff. Who are the guys that kind of fit the vision that we’re looking for? Who are the guys that are going to buy into the program? Then, we’ll make educated decisions once we have more information. There are going to be difficult decisions that are going to have to be made.”
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