Giants restructure S Logan Ryan’s contract (Report)
The Giants create some additional cap flexibility.
[sc name=”ryan-honey-banner” ][/sc]NFL Network’s Ian Rapoport reported Tuesday morning the Giants converted part of Logan Ryan‘s base salary into signing bonus money.
This helps create some cap room for the organization with the regular season approaching. The Giants take on the Broncos at 4:25 p.m. ET this Sunday afternoon.
The #Giants converted most of the base salary of DB Logan Ryan into a signing bonus, creating more cap space heading into the season, source said. Ryan, recently voted a captain, spreads the signing bonus over the remaining years of his contract for cap purposes.
— Ian Rapoport (@RapSheet) September 7, 2021
Dan Duggan of The Athletic reports the financial move should add approximately $2 million to Ryan’s cap hits in both 2022 and 2023, the final two years of his current contract. The veteran defensive back agreed to a three-year extension last December.
Ryan’s base salary was $5.5M. This should add about $2M to Ryan’s cap hits in 2022 and 2023 https://t.co/9BR8nNpZ3X
— Dan Duggan (@DDuggan21) September 7, 2021
Another minor restructure for the Giants. …
Logan Ryan's scheduled salary for 2021 was $5.5M. Depending on the details, this probably clears about $4M in cap space. The Giants were only around $3.5M under the cap, per NFLPA records. https://t.co/8uVkEiDCrl
— Ralph Vacchiano (@RalphVacchiano) September 7, 2021
Increasing the amount of available cap room could assist the Giants with any sort of emergency throughout the 17-game slate, such as if a free agent needs to be signed to help fill the void left by an injured starter.
BETMGM SPORTSBOOKBET $5, GET $158 BONUS!
BET365 SPORTSBOOKBET $10 & GET $365 WIN OR LOSE
DRAFTKINGS SPORTSBOOKBET $5 & GET $200 IN BONUS BETS INSTANTLY
FANDUEL SPORTSBOOKGET $300 IN BONUS BETS EVERY DAY FOR 10 DAYS
CAESARS SPORTSBOOKUSE CODE ESNYDYW & DOUBLE YOUR WINNINGS ON YOUR FIRST 10 WAGERS!
DRAFTKINGS T&Cs: GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-522-4700, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). 21+ and present in most states. (18+ DC/KY/NH/PR/WY). Void in NH/OR/ONT/PR. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new customer. $5+ first-time bet req. Max. $200 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: sportsbook.draftkings.com/promos. Ends 4/6/26 at 11:59 PM ET. Sponsored by DK.
BETMGM SPORTSBOOK T&Cs: Gambling problem? Call 1-800-GAMBLER (Available in the US), Call 877-8-HOPENY or text HOPENY (467369) (NY), Call 1-800-327-5050 (MA), 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. This promotional offer is not available in DC, MS, NY, NV, ON, or PR.
BET365 SPORTSBOOK T&Cs: Minimum $10 deposit required. Minimum odds -500 or greater. Bonus Bets wager excluded from returns. New customers only. T&CS, time limits and exclusions apply.
