According to Pro Football Talk's Mike Florio's latest numbers, the New York Giants are near the bottom of the league when it comes to space left under the salary cap. According to Florio, the Giants have $3.4 million, which ties them with the Green Bay Packers and the Oakland Raiders and puts them just ahead of only six teams, including division rivals, the Dallas Cowboys.
The Giants haven't made a big splash in free agency so far this offseason. In fact, they have allowed more players to leave than they have brought back. Among the free agents that they did re-sign, are quarterback David Carr and cornerbacks Michael Coe, Terrell Thomas and Justin Tyron.
The players that they've allowed to leave include wide receiver Mario Manningham, cornerback Aaron Ross and running back Brandon Jacobs, who was released. The low salary cap number will pretty much handcuff the Giants from this point on, but since they're coming off a Super Bowl victory, their second in four years, I doubt that they mind that much.