New York Giants Chris Snee restructured his contract to give the team an extra $3 million or so in cap space this year, and the full picture of the Giants cap situation is coming into view as the season kicks off in just a few hours: according to a Monday report by Profootballtalk.com, the NFLPA said the Giants have $3.6 million, while the official numbers from NFL headquarters (also courtesy of PFT) indicate Big Blue has a full $7.2 million in breathing room.
While PFT's Mike Florio points out big discrepancies between the NFL and NFLPA's numbers, we wonder if both numbers were correct when reported and the difference can be mostly attributed to Snee's restructuring (but again, we're really not sure).
It's not surprising to see the Giants give themselves a nice cushion despite Jerry Reese's teams generally playing things pretty close to the cap. They'll need a little breathing room in case of in-season moves and it never hurts to have some cap space on hand if you want to hand an extension to a player mid-season.
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