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New York clears $5 million in cap space ahead of

the draft"WhiteFanposts Fanshots Sections New York Giants NewsGiants Training Camp 2016Giants vs. Eagles 2015 Womens Saquon Barkley Jersey , Week 17New York Giants NewsGiants restructure guard Kevin Zeitler’s contractNew,115commentsNew York clears $5 million in cap space ahead of the draftEDTShareTweetShareShareGiants restructure guard Kevin Zeitler’s contractShanna Lockwood-USA TODAY SportsThe New York Giants, in need of some cap space ahead of this weekend’s NFL draft, turned to newly acquired guard Kevin Zeitler, who had a $10 million cap hit scheduled for this year, for some help.According to Field Yates of ESPN, the Giants converted $7.5 million of Zeitler’s $10 million base salary into a prorated signing bonus. The move lowers Zeitler’s 2019 base salary to $2.5 million with a $2.5 million of his now converted base pushing his total 2019 cap hit to $5 million.Overall, the move clears $5 million off the 2019 Giants cap. New York, who had recently dipped to under $9 million in space following a flurry of moves http://www.giantslockerroom.com/authentic-b.j.-goodson-jersey , now has $14.555 million in cap space, per the NFLPA web site. That should be plenty of money to get their upcoming draft class signed and to add a post-draft veteran free agent or two, if they so choose.When a player is traded to another team, his old team absorbs whatever money is left as part of the contract’s original prorated signing bonus in the form of dead money. That means that the Browns absorbed the remaining $12 million of Zeitler’s signing bonus after trading him to the Giants in exchange for edge rusher Olivier Vernon last month.By restructuring Zeitler’s contract, the Giants have added $2.5 million per year in 2020 and 2021, making Zeitler’s new cap numbers $12.5 million in 2020 (from $10 million) and $14.5 million in 2021 (from $12 million) but those bumps are modest.Per Over the Cap, the Giants 2019 rookie draft salary pool is estimated at $13.798 million. However, with the Top 51 cap rule currently in place through the end of the preseason, as rookies are signed Aldrick Rosas Jersey , they will likely knock some of the lower priced veterans on the back end of the Top 51 out of the equation.For example, if a rookie has a $1 million cap hit, he would bump a player who has a $600,000 cap hit, meaning the next change in the cap space is only $400,000.According to NFL salary cap rules, all signing bonuses given to draft picks count against the cap in their prorated form. EAST RUTHERFORD, N.J. (AP) — The New York Giants want sixth-round draft pick Corey Ballentine to take as long as he needs to get full closure after the shooting incident that wounded him and killed Washburn University teammate Dwane Simmons last weekend.Speaking Friday after the completion of the first day of a rookie minicamp, Giants coach Pat Shurmur said Ballentine needs to take care of himself before joining the team Womens Janoris Jenkins Jersey , adding the NFL club will help him any way it can.Ballentine and Simmons were shot Saturday at an off-campus party at the Topeka, Kansas, school, just hours after Ballentine was drafted.Shurmur disclosed Friday Ballentine was shot in the buttocks. He was treated and released from a hospital on Sunday.“It was very unfortunate, he was the victim of a crime,” Shurmur said. “That can happen to any of us. We’re here for him, certainly with what he is going through with the vigils and funeral, and the things he has to go through. We are here to support him as he comes back to us. We’re just here for him.”A funeral for Simmons of Lee’s Summit, Missouri Riley Dixon Jersey , is scheduled for Saturday.Shurmur called Ballentine a great young man who he got to know through the draft process. He added the defensive back trained with his son, Kyle, a Vanderbilt quarterback, at the same facility.Shurmur said he has not seen Ballentine since the shooting. The Giants told the cornerback to skip the current minicamp which ends on Saturday. The next time the rookies willbe here would a week from Monday.“This is a unique situation,” Shurmur said. “We want him to get full closure on this and we’re sensitive to that. This is a real-life situation. We want him to make sure he gets full closeure. It’s May. We play in September. We want to sure he gets done on that end what he needs to and he gets the help that he need.”

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  • Created: May 22 '19
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Activity: Jan 10 '20