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As expected, Snee takes a pay cut

Snee AP

Giants guard Chris Snee was willing to take a pay cut. Which was wise. Because if he hadn’t been willing, he’d likely be a former Giant right now.

Instead, Adam Schefter of ESPN reports that Snee has dropped his compensation by more than $5 million, reducing his pay from $7.2 million to $1.1 million plus up to $1 million in incentives.

With bonus proration of $4.5 million still on the books, Snee will count for at least $5.6 million in cap space this year.

Snee, the son-in-law of coach Tom Coughlin, is entering the final year of his contract. He arrived via round two of the draft back in 2004, Coughlin’s first year with the team.

Last month, we reported that the Giants had approached both Snee and center David Baas about reducing their pay. Baas declined, and now he’s gone.

A four-time Pro Bowler, injuries limited Snee to three games in 2013.

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9 Responses to “As expected, Snee takes a pay cut”
  1. kev86 says: Mar 10, 2014 7:43 PM

    True Blue!! 2x SB champ!!!

  2. thestrategyexpert says: Mar 10, 2014 7:47 PM

    Baas played exactly 3 games too. Gee he ‘n Snee have everything in common except current employment status. But also that’s not exactly great for NY to only have Dallas Reynolds on the roster at Center.

  3. jerrysglassescleaner says: Mar 10, 2014 7:48 PM

    Coughlin ” Take a pay cut now or take a pay cut from my Will”

    Well played Tom.

  4. naes says: Mar 10, 2014 8:08 PM

    Snee and Tuck would be addition by subtraction. They need to let Tuck go and have Beason and Rolle be the defensive leaders.

  5. stash918 says: Mar 10, 2014 8:16 PM

    One of the best offensive linemen, and certainly one of the best guards, in NYG history and a two-time Super Bowl Champ. He’s probably got another year or two left before he rides into the sunset. This one works out well for the NYG and Snee.

  6. 700levelvet says: Mar 10, 2014 8:28 PM

    “This one works out well for the NYG and Snee”.

    Yeah, having your salary reduced from 7.2 million to 1.1 million really works out well for Snee…

  7. floratiotime says: Mar 10, 2014 9:25 PM

    He’ll be on IR 3 games into the season. Paying him a dollar is a dollar wasted.

  8. billco6192013 says: Mar 10, 2014 9:29 PM

    I SAID GIVE HIM IN INSENTIVES AND THEY DID NO MORE FREE RIDES, GOOD MOVE, NOW SIGN BEASON

  9. bigbluplates says: Mar 11, 2014 8:10 AM

    The Reece Score Card:

    Herzlich: Bad Signing

    Baas : Great Move

    Snee: Smart Move

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