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Salary Cap Ramifications from this Weekend Signings

Ralph Vacchiano estimates that the three signings this weekend will count for approximately $14.55 million against the 2009 salary cap. He is estimating with figures obtained from the NFL Players’ Association that Boley will account for about $4.7 million, Bernard will account for about $3.2 million and Canty will account for about $6.65 million. The giants were estimated to have $15 million of cap space for free agents and draft picks. If that is correct some contract restructuring and/or releasing may have to take place if they want to sign another free agent along with clearing some space for draft picks.

Speaking of draft picks Jerry Reese made an interesting comment today. He was quoted as saying “There are a lot of things that can happen before the draft. Who knows? We might not have that many picks by the time the draft rolls around.” Could this mean that Reese is planning to move up to snag someone special in the draft or looking to package some picks and/or players to find a new target for Eli?

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2 Responses to “Salary Cap Ramifications from this Weekend Signings”

  1. Adrian says:

    Tru, I thought the same exact thing when I read JR saying that about the Draft Picks…I think he is definitly gonna trade up in the Draft with those extra picks…He might even jump high enough to consider getting M. Crabtree….oooooohhh NICE!!!! or a top rated LT….we’ll see..

  2. MJ says:

    Reese really has no choice but to attempt to trade up. He has too many draft picks, 10 or more, on a team with hardly any weaknesses. All of those picks will NOT make the team, no way, no how. He might as well get what he can for them via trade. Knowing him, he’ll fly under the radar, then BANG, come up with something big from left field of draft day that we all will love.

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