Where NY Giants' Salary Cap Space Currently Stands After Roster Cutdown Date

In an ideal scenario, the New York Giants will enter any given season with between $8-$10 million of salary cap space, which would allow them to over standard practice squad elevations and bring in roster upgrades and replacements for injured players throughout the season.

The Giants still have a few days before they need to get their salary cap in order. Still, after trimming the roster down from 90 to 53, New York currently has $4.143 million in cap space, according to Over the Cap, which accounts for 61 players under contract. 

That total represents the second-lowest amount in the league, just above the Buffalo Bills. That total also takes into account the Top 51 rule, which remains in effect until next Tuesday.

Of the money spent, the Giants currently have $4.267 million tied up in players on injured reserve (offensive lineman Joshua Ezeudu, receiver Bryce Ford-Wheaton, receiver Da’Quan Felton, tight end Jermaine Terry II, and defensive back TJ Moore). 

They also currently have $3.318 million committed to three players who are on the inactive/PUP list (outside linebacker Victor Dimukeje, running back Eric Gray, and safety Anthony Johnson, Jr.).

Lastly, the Giants currently have a whopping $28.981 million tied up in dead money (quarterback Daniel Jones, tight end Darren Waller, defensive lineman Jeremiah Ledbetter, receiver Juice Wells, offensive lineman Stone Forsythe, offensive lineman Jaison Williams, cornerback O’Donnell Fortune, safety Makari Paige, and receiver Ihmir Smith Marsette).