As the Giants continue to add players, they keep going back to the well with veterans already on the team to create cap room.
According to Tom Pelissero of USA Today, the Giants restructured defensive end Mathias Kiwanuka’s deal to create just over $2 million worth of cap room.
His base salary dropped from $4.375 million to $1.5 million, and he picked up a new $700,000 roster bonus, with another $125,000 available in incentives.
It’s not as big of a pay cut as Chris Snee took to stay, but it beats being a cap casualty and looking for work a week into the free agent market.