Giants now have more cap space
The New York Giants have finally gotten a contract extension done with defensive lineman Leonard Williams after it seemed like things were going nowhere.
ESPN’s Adam Schefter is reporting that Williams is signing a three-year, $63 million contract with $45 million guaranteed. So that is an average of $21 million a year, which is just over what he would have made this season on the franchise tag.
This move will now free up some cap space for the Giants to possibly sign wide receiver Kenny Golladay or edge rusher Hasson Reddick.
The Giants have also been sniffing around the cornerback market, so it will be interesting to see what they end up doing.
Tom Pelissero of the NFL Network reported that the Giants gave Williams abig signing bonus that will lower his cap number for 2021.
The Giants could have rescinded the franchise tag and let Williams hit the open market, but never threatened to do so, according to Dan Duggan of The Athletic.
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