The New York Giants had salary cap issues once the NFL Lockout ended and the season began. The Giants slashed some salary with a couple of roster moves and by res-structuring Brandon Jacobs’ contract.
They have now also re-structured the contracts of Antrel Rolle and Corey Webster.
Per ESPN:
Webster was slated to make $8 million but that number has been reduced to $5 million this season in base salary. Rolle also has a base number of $1.25 million compared to the $5.25 million he was scheduled to make originally.
Both players reportedly will make up the difference in a signing bonus to help the Giants’ cap situation according to the New York Daily News.
This sounds like a win-win. The players get the same amount of money, just $7 million less counts against the salary cap.
Maybe they will use some of that money to try and come to an agreement with unhappy defensive end Osi Umenyiora.