The information final week that the NFL was elevating the wage cap to $255.4 million per membership this season (up from $228.4 million in 2023) was music to many basic supervisor’s ears.
For New York Giants basic supervisor Joe Schoen, that provides him extra ammunition to assault his many roster wants this spring.
The Giants could have an estimated $39 million in out there cap area when the NFL new yr begins on March 13.
Scheon instructed reporters on the NFL Mix on Tuesday that the increase was a ‘nice shock’ and he’ll recalibrate their funds to see the way it impacts their offseason plans.
#Giants GM Joe Schoen says the workforce was conservative on estimates of the wage cap, “we had been working within the 241-243… it’s a nice shock.” Provides with the elevated quantity, workers goes to reconvene and reevaluate their plan when it comes to FA, Franchise Tag & Transition Tag pic.twitter.com/hMLS2NmU39
— Madelyn Burke (@MadelynBurke) February 27, 2024
The Giants have two main contract selections arising within the subsequent two weeks — working again Saquon Barkley and security Xavier McKinney — who’re eligible totally free company this spring.
It seems like they could should slap the franchise or transition tag on not less than one in every of these gamers if they will’t get them beneath contract by the March 5 deadline. That’s the place the additional cash goes to turn out to be useful.
Barkley will price round $12-13 million to franchise tag once more whereas McKinney will price $17 million to franchise and $13.8 million to transition tag.
