Also unlike Cruz, Barden has re-signed with the Giants, but for roughly an order of magnitude less than the Giants have offered Cruz.
Per a source with knowledge of the contract, Barden’s deal takes advantage of the minimum-salary benefit, which uses a reduced cap charge for veterans with four or more years of service. Barden, a third-round pick in 2009, will receiver a $715,000 salary and a $65,000 signing bonus. By rule, his cap number will be only $620,000.
If Barden has a big year for Big Blue, they Giants won’t be able to re-sign him until he becomes a free agent in 2014.
The Giants once lost defensive lineman Kendrick Clancy that way. He signed a one-year deal via the minimum-salary benefit in 2005, and the Giants couldn’t re-sign him until he hit the market in 2006. The Cardinals signed him before the Giants could do a deal to keep him.