New York Giants News & Rumors

NFC Restructures: Armstead, Lawrence, Okereke

As if they needed to, the 49ers made moves yesterday to increase their already NFL-leading unused salary cap space up to $42.29MM in 2023 (Overthecap.com). This time, San Francisco addressed the contract of defensive tackle Arik Armstead, according to Field Yates of ESPN.

The 49ers came to an agreement with Armstead, who’s currently playing on a five-year, $85MM contract, to convert $14.72MM of his 2023 base salary into a signing bonus while adding an additional void year to the end of his current deal. The moved resulted in $11.78MM becoming available in cap space for the 2023 season.

We mentioned yesterday that the additional cap space for the 49ers could have multiple uses that benefit the team. The obvious immediate benefit is that San Francisco should have plenty of flexibility around the trade deadline to make any necessary additions.

If second-year quarterback Brock Purdy decides to continue adding to his flawless regular season record and the team deems that no additions are necessary, the 49ers will be able to roll over unused cap space into 2024, when they’re projected to be $40MM over the salary cap. They’ll likely still make additions or adjustments in the offseason that will make it a closer call but having over $42MM of cap space to play with is insanely valuable.

Here are a couple of other restructures from another 2022 NFC playoff squad:

  • Shortly after rewarding defensive tackle Dexter Lawrence with a four-year, $87.5MM contract extension, the Giants have restructured his new deal for a bit of maneuverability in the team’s cap space, according to Jordan Raanan of ESPN. Lawrence’s 2023 base salary of $2.25MM was reduced down to $1.08MM with the difference of $1.17MM being converted into a signing bonus. This is a standard move at the start of the year to help create a bit of flexibility in the team’s salary cap.
  • New York also adjusted the contract of new linebacker Bobby Okereke, according to Raanan. Okereke’s 2023 base salary of $1.9MM was also reduced to $1.08MM with the $820K-difference being converted into a signing bonus. Along with Lawrence’s above restructure, the team was reportedly able to clear up about $1.55MM of cap space for 2023.

2023 Offseason In Review Series

Quarterback acquisitions generated top headlines this offseason, while the slew of developments affecting the running back market moved that position’s value to a precarious point. On that note, our latest Offseason In Review series is in the books. Here are the PFR staff’s looks at how teams assembled their 2023 rosters:

AFC East

AFC North

AFC South

AFC West

NFC East

NFC North

NFC South

NFC West

NFL Injury Updates: Armstead, Andrews, Waller, Okudah, Moss

The Dolphins are expected to be productive on offense with a healthy Tua Tagovailoa under center, but protection for him up front will be critical to his success. Miami will be shorthanded up front to begin the campaign.

Left tackle Terron Armstead is out for the Dolphins’ opener against the Chargers, as noted by NFL Network’s Cameron Wolfe. The four-time Pro Bowler is dealing with back, knee and ankle injuries and has not practiced since August 16. He was carted off the field that day, which represented a setback from his ongoing recovery from offseason knee surgery.

Armstead, 32, expressed optimism that he would be healthy in time for Week 1 before suffering the new injuries last month. His absence will be sorely missed given his importance to the team as a high-end blocker when available, and the five-year, $75MM pact he signed with the Dolphins last offseason. Wolfe notes that veteran Kendall Lamm is expected to get the nod in place of Armstead.

Here are some other injury updates in advance of Sunday’s action:

  • The focal point of the Ravens‘ new-look passing game will likely not be in action tomorrow. Tight end Mark Andrews was listed as questionable on the team’s final injury report, but he is not expected to play against the Texans, reports NFL Network’s Ian Rapoport. The three-time Pro Bowler has been dealing with a quad injury recently, but he practiced on a limited basis each day this week. If he does indeed miss the contest, Baltimore will turn to 2022 draftees Isaiah Likely and Charlie Kolar at the TE spot, while leaning on a revamped receiver room which added Odell Beckham Jr. and first-round rookie Zay Flowers in the offseason.
  • Darren Waller‘s Giants debut may be delayed. ESPN’s Jeremy Fowler reports that the 30-year-old is dealing with a hamstring injury, and his availability for Monday night against the Cowboys is in question. Waller is no stranger to hamstring issues, and they caused signficant missed time during his Raiders tenure. Upon being traded to New York, he received an opportunity to serve as the team’s top pass-catcher, so any absence would deal a blow to the Giants’ offense. 2022 fourth-rounder Daniel Bellinger would take on an increased role at the TE spot if Waller were unable to play.
  • Cornerback Jeff Okudah has been ruled out by the Falcons, Wolfe notes. The former No. 3 pick had a disappointing run in Detroit which included a number of significant injuries, one of which was a 2021 Achilles tear. Plenty is at stake for him in Atlanta, as he is entering the final year of his rookie contract. Okudah, 24, suffered a leg injury last month and his recovery was not expected to last deep into the start of the regular season. Free agent signing Tre Flowers could step into a starting role opposite A.J. Terrell against the Panthers on Sunday.
  • Colts running back Zack Moss was downgraded to doubtful by a team announcement on Saturday. He is recovering from a broken arm, and it was always in the air whether or not he would recover in time to play Week 1. Of course, the absence of the former Bills draftee will compound the fact that Jonathan Taylor is on the PUP list to begin the season, meaning he will be sidelined for at least four weeks. Plenty of rushing responsibility will likely fall to former UDFA Deon Jackson and 2021 Rams seventh-rounder Jake Funk in quarterback Anthony Richardson‘s NFL debut.

Minor NFL Transactions: 9/9/23

We have our first flood of pregame transactions of the season today as teams across the league with games tomorrow utilize their two permitted practice squad elevations:

Arizona Cardinals

Atlanta Falcons

Baltimore Ravens

Chicago Bears

Dallas Cowboys

Denver Broncos

Green Bay Packers

Houston Texans

Indianapolis Colts

Jacksonville Jaguars

Las Vegas Raiders

Los Angeles Chargers

  • Promoted from practice squad: LB Brevin Allen

Los Angeles Rams

Miami Dolphins

Minnesota Vikings

  • Promoted from practice squad: RB Myles Gaskin, OLB Benton Whitley

New Orleans Saints

New York Giants

Philadelphia Eagles

San Francisco 49ers

Seattle Seahawks

Tennessee Titans

Washington Commanders

Giants, K Graham Gano Agree On Extension

Graham Gano‘s New York stay will extend beyond this season. The veteran kicker signed an extension to stay with the Giants, who now have him under contract through 2026.

The Giants will bet on Gano holding his form into his late 30s, as he is going into his age-36 season. It is a $16.5MM deal, NFL.com’s Ian Rapoport tweets, adding the agreement also includes $11.3MM fully guaranteed. An additional $2MM in injury guarantees are also part of this deal. Gano had been attached to a three-year, $14MM pact.

Formerly with Washington and Carolina, Gano has been the Giants’ kicker since 2020. Though, this marks the experienced specialist’s third contract with the Giants. After signing him to a one-year deal in 2020, Big Blue extended him during his first season with the team. Gano has now signed extensions with both the Dave Gettleman and Joe Schoen regimes. Considering his performance and Schoen’s willingness to bet on Gettleman-era acquisitions, this latest agreement is unsurprising.

Gano made 90.6% of his field goal tries last season and connected on 96.7% of them in his first year with the Giants. Even in an unideal kicking environment, Gano hit almost 88% of his tries in 2021. The Giants gave Gano the opportunity to relaunch his career after a missed 2019. Gano, who once hit a 63-yard game-winner to beat the Giants in 2018, suffered a fractured femur late in the 2018 season. Carolina doctors are believed to have initially misdiagnosed that injury. The malady led to him missing all of the 2019 campaign as well. Matt Rhule‘s 2020 Carolina arrival led to Gano being cut, and he soon found a new home in New York.

With Mason Crosby, Robbie Gould and Ryan Succop not on rosters, Gano enters this season as the NFL’s third-oldest active kicker. Only Matt Prater (39) and Nick Folk (37) surpass him in that category. But Gano connected on 8 of 9 attempts from 50-plus yards last season; he was a combined 12-for-16 from 50-plus from 2020-21. It is understandable the Giants were interested in extending this partnership.

This marks Schoen’s fourth major agreement with a Gettleman-era acquisition this year. It follows the Daniel Jones, Dexter Lawrence and Andrew Thomas re-ups. While Gano’s checks in on a lower-profile level, this contract will give him an opportunity to approach the 20-season mark.

DeAndre Hopkins Discusses Free Agency, Contract Demands, Signing With Titans

When DeAndre Hopkins was cut by the Cardinals, a number of suitors were expected to emerge. Instead, the veteran wideout only drew serious interest from the Titans and Patriots, with Hopkins ultimately signing a two-year, $26MM with Tennessee.

[RELATED: Titans Sign DeAndre Hopkins]

In a conversation with Clay Skipper of GQ, Hopkins acknowledged that his free agent market didn’t shake out as expected, with the receiver admitting that “there were some teams that I had on my list that I gave them calls and they didn’t give a call back.” What specific teams spurned the veteran?

“Detroit Lions, they didn’t want me,” Hopkins said. “Dallas Cowboys didn’t want me. Giants didn’t want me. S***. Who else ain’t want me? San Fran ain’t want me.”

Besides the Titans and Patriots, the only teams that were definitively connected to Hopkins were the Bills and Chiefs, although it sounds like interest dropped from those potential suitors once they learned of the receiver’s asking price. Still, Hopkins told Skipper that both Buffalo and Kansas City did call when he hit free agency.

The Lions, Cowboys, Giants, and 49ers also may have been wary of the player’s financial demands, but Hopkins hinted that those organization may have passed him over because of his age. Still, the receiver did acknowledge that money partly played a role in him landing in Tennessee.

“You have to know your value and have some level of respect for who you are as a human being,” he says. “Is the possibility of you going somewhere who is a Super Bowl-caliber team, on paper, is that worth you being paid minimum? It doesn’t add up.”

The Cowboys and 49ers have deep receiver crews, so it’s not a huge surprise that those squads didn’t give a long look at Hopkins. The Lions could use a wideout behind Amon-Ra St. Brown, while the Giants don’t have a clear WR1 atop their depth chart.

Ultimately, Hopkins landed in Tennessee, where he’ll join a depth chart highlighted by 2022 first-round pick Treylon Burks. Hopkins gave several reasons why he landed with the Titans, including head coach Mike Vrabel. However, the wideout revealed that one of his main reasons for signing with the organization had to do with the culture.

“I wouldn’t say it’s because of Arizona, the reason I came here, to have that 360 switch, but I would say it was definitely part of my decision to be somewhere that did have a winning culture, or a fighting culture,” Hopkins said.

NFL Practice Squad Updates: 9/4/23

Here are Monday’s practice squad transactions:

Arizona Cardinals

  • Signed: CB Quavian White

Baltimore Ravens

Indianapolis Colts

Jacksonville Jaguars

Las Vegas Raiders

New England Patriots

  • Signed: DL Jeremiah Pharms Jr.

New Orleans Saints

New York Giants

Philadelphia Eagles

Pittsburgh Steelers

San Francisco 49ers

Seattle Seahawks

The Giants are not certain to have Wan’Dale Robinson available in Week 1. The 2022 second-round pick just came off the team’s active/PUP list, a sign the team believes he can return at some point during the season’s first four weeks. Beasley did not make the Giants’ 53-man roster but resided as a possible P-squad elevation option as Robinson protection. This moves nixes that path, as Beasley cannot play until Week 5.

Morrow has gone from potential Eagles starting linebacker to a player who did not make the defending NFC champions’ active roster. But the team still has the former Raiders and Bears starter in its plans. Morrow, who had signed a one-year deal worth the league minimum this offseason, is now positioned as a depth piece who could be elevated ahead of Week 1. Teams can use two P-squad elevations each week, in addition to standard promotions — which require corresponding roster moves — ahead of the Saturday-afternoon deadline.

Better known as the player chosen with the second-round pick obtained for DeAndre Hopkins, Blacklock moved from Houston to Minnesota via trade in August 2022. But he did not make the Vikings’ 53-man roster this year. The fourth-year D-lineman will be a depth option for the Jaguars.

Giants Restructure QB Daniel Jones’ Contract

In need of financial wiggle room to start the season, the Giants have created some by re-working their franchise quarterback’s pact. Daniel Jones has agreed to a restructure which sees $8.42MM of his 2023 salary converted into a signing bonus, per ESPN’s Field Yates.

[RELATED: Reviewing Giants’ Offseason]

As a result of the move, Jones’ cap hit for this season has dropped from $21.8MM to $15.4MM. That will give the Giants some much-needed breathing room, as they entered Monday 29th in the league in cap space. On the other hand, it increases the burden of the 26-year-old’s deal in future years, with his cap hits for the next three years ballooning to $47.1MM, $41.6MM and $58.6MM.

New York made a massive investment in Jones just before the deadline to apply franchise tags, inking him to a four-year, $160MM deal. That paved the way for a Saquon Barkley franchise tag, and gave the team cost certainty under center for the foreseeable future. With up to $22MM available in cap savings available next year via another restructure, though, Dan Duggan of the Athletic notes that further adjustments to the Duke alum’s contract down the road should be expected.

Jones faces substantial expectations going into 2023, his second season under reigning Coach of the Year Brian Daboll. The former No. 6 pick put up new career highs in a number of categories last year, and with a new pass-catching corps led by Pro Bowl tight end Darren Waller in place, further progression would help justify his contract. It would also make subsequent restructures easier to authorize in light of the other financial priorities the Giants have to address in the near future.

Barkley, along with defensive tackle Leonard Williams, cornerback Adoree’ Jackson and safety Xavier McKinney are among the players set to hit free agency at the end of the 2023 campaign, and important decisions will need to made with respect to the price point the team is willing to set to retain each of them. Jones will be in the fold for years to come, though, especially given the financial downside the Giants would face if they were attempt to move on from him in the near future.

NFL Practice Squad Updates: 9/1/23

Teams continue to tinker with their taxi squads in the aftermath of roster cutdowns. Here are Friday’s updates:

Arizona Cardinals

Carolina Panthers

Chicago Bears

Cleveland Browns

Denver Broncos

Detroit Lions

Green Bay Packers

Kansas City Chiefs

Los Angeles Chargers

New England Patriots

  • Signed: WR T.J. Luther
  • Released: WR Thyrick Pitts

New York Giants

Seattle Seahawks

Tennessee Titans

NFL Practice Squad Updates: 8/31/23

Today’s practice squad moves:

Arizona Cardinals

  • Signed: WR Kaden Davis, OL Marquis Hayes

Baltimore Ravens

Buffalo Bills

Chicago Bears

Denver Broncos

Detroit Lions

Green Bay Packers

Indianapolis Colts

Jacksonville Jaguars

Kansas City Chiefs

Las Vegas Raiders

Los Angeles Chargers

Miami Dolphins

New England Patriots

New Orleans Saints

New York Giants

New York Jets

Philadelphia Eagles

Pittsburgh Steelers

San Francisco 49ers

Seattle Seahawks

Tampa Bay Buccaneers