USAT: Giants Wire audio clip

USAT: Giants Wire

Mar 3, 2022

- - - The New York Giants are currently in the midst of gutting their roster in an effort to clear $40 million in salary cap space. Already they’ve released tight end Kyle Rudolph and running back Devontae Booker, and now wide receiver Sterling Shepard is in their crosshairs. - Cutting Shepard is not a logical option for the Giants, who would eat just under $8 million in cap space just to save $4.5 million. So as an alternative approach, general manager Joe Schoen & Co. have asked Shep to take a “significant” pay cut. - Ryan Dunleavy of the New York Post reports: - The Giants asked receiver Sterling Shepard to take a significant pay cut in order to return on a shortened one-year contract next season, according to a league source. - It is unclear exactly how much Shepard, 29, was asked to reduce his salary from $8.475 million, but it is expected to be close to the league minimum for a player with six years of service time ($1.035 million). - Shepard is currently on the books for $8.475 million in 2022, which results in a cap hit of $12.495. He has two years remaining in total on his four-year, $41 million deal that was signed in 2019. - In 72 games (70 starts) for the Giants, Shepard has hauled in 349 receptions for 3,884 yards and 21 touchdowns. - - RelatedMatt Corral, friend of the Manning family, meets with GiantsGiants will heavily rely on analytics, new technology in 2022Giants' Joe Schoen, Brian Daboll know extensive O-Line rebuild is necessary - - - - - - - - - - - - Email - - - - - Sign up - - - - - - - - Like this article? - Sign up for the Giants Wire email newsletter to get our top stories in your inbox every morning - - - - An error has occured - - - Please re-enter your email address. - - - - - - Thanks for signing up! - - - You'll now receive the top Giants Wire stories each day directly in your inbox.

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