The New York Giants, with less than $500,000 in salary cap space to start the day on Wednesday, have reportedly restructured the contracts of cornerback Paulson Adebo and safety Jevon Holland to create more than $4.8 million in much-needed cap relief.
Adebo and Holland were the team’s biggest free-agent signings in the offseason. Adebo signed a three-year, $54 million contract with $34.75 million guaranteed. Holland signed a three-year, $45.3 million deal with $27.4 million guaranteed.
That should put the Giants slightly above $5 million in available cap space.
Speculation in the fan base that the Giants were trading for a wide receiver began immediately:
The Giants could, of course, use wide receiver help. With Malik Nabers lost for the season to a torn ACL and Darius Slayton missing time with a hamstring injury and not having been overly productive when he was healthy, the Giants would help rookie quarterback Jaxson Dart immensely by getting him another play-making wide receiver.
