New York Giants: Jason Pierre-Paul’s Deal Officially Opens Up Almost $10 Million In Cap Space (Report)

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.

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.

The Giants did a little housekeeping on Monday, as they officially agreed to a deal with quarterback Geno Smith while retaining linebacker Mark Herzlich and signing cornerback Valentino Blake.

Could Johnathan Hankins be New York’s next move? We shall soon find out.

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