According to ESPN’s Field Yates, the long-term extension given to defensive end Jason Pierre-Paul has officially opened up $9.705 million in cap space for the New York Giants.
Under Jason Pierre-Paul's long-term contract, his cap number for 2017 is $7.25M. That created $9.705M in cap space for the Giants.
— Field Yates (@FieldYates) March 20, 2017
On Friday, the 28-year-old defender agreed to a four-year deal with the team, paying him $62 million, $40 million of which is guaranteed.
Originally, Pierre-Paul’s cap hit was at $17 million because of the franchise tag the team had placed on him.
But with his cap number now at $7.25 million, the team has some wiggle room to make moves elsewhere on their roster.
Could Johnathan Hankins be New York’s next move? We shall soon find out.