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New York Giants Free Agency: What’s Next Before NFL Draft?

GM Joe Schoen has been very active in shuffling the roster despite modest cap room.
New York Giants General Manager Joe Schoen speaks at a press conference during day one of the New York Giants training camp at Quest Diagnostics Giants Training Center in East Rutherford on Wednesday, July 23, 2025.
New York Giants General Manager Joe Schoen speaks at a press conference during day one of the New York Giants training camp at Quest Diagnostics Giants Training Center in East Rutherford on Wednesday, July 23, 2025. | Julian Leshay Guadalupe/NorthJersey.com / USA TODAY NETWORK via Imagn Images

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Busy, busy, busy. There is no rest for the weary, specifically for New York Giants  general manager Joe Schoen, who has been practically working around the clock to re-work the roster so that new head coach John Harbaugh can make good on his hopes of fielding a playoff contender this year.

Schoen, assistant general manager Brandon Brown, Harbaugh, and defensive coordinator Dennard Wilson were in attendance at today's Ohio State Pro Day.

Meanwhile, Schoen has continued to work the phones with free agents who will fortify the roster going into next month's NFL Draft, and he's gotten nearly two dozen contracts done with modest cap room, while reportedly reworking OLB Brian Burns' deal.

Schoen has signed 22 players (15 from outside the building and 7 returning veterans) since the free-agent discussion period opened a bit more than two weeks ago (March 9).

The returnees are RT Jermaine Eluemunor, ILB Micah McFadden, GRD Aaron Stinnie, OL Joshua Ezeudu, WR Isaiah Hodgins, OL Evan Neal, and LB Caleb Murphy.

Many of these deals reportedly were 1-year contracts with several levels of incentives. Indeed, the Giants appear to have gotten more creative with their paperwork than in the past, likely due to the hiring of former NFL chief football administration officer Dawn Aponte as their vice president of football operations and strategy (with a heavy emphasis on the salary cap).

Salary cap expert Patricia Traina of New York Giants On SI and the host of the Locked On Giants podcast noted the Giants cut LB Bobby Okereke ($9M) and OL James Hudson III ($5.3M) and got RB Devin Singletary to take a pay cut in addition to reworking Burns' deal into a heavy bonus that cleared nearly $15 million in cap space.

She explained to Big Blue Breakdown Live! host Paul Dottino, that Schoen may have some more moves up his sleeve to free up additional money.

For example, veteran kicker Graham Gano is coming off a serious neck injury and likely will become a cap casualty since the Giants spent a hefty amount of money to sign former Dolphins All-Pro Jason Sanders.

In addition, "the team can find even more money by extending defensive lineman Dexter Lawrence’s contract for another couple of years - Lawrence has no more guaranteed money left in his current deal - and by also restructuring left tackle Andrew Thomas’s deal.

Trading outside linebacker Kayvon Thibodeaux is another way to gain a nice chunk of cap space ... roughly $14.75 million."

What else can they do? Join us tonight on the Big Blue Breakdown Live! podcast to find out more about that and ask your questions to Paul, either in the chat or via a video call

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Paul Dottino
PAUL DOTTINO

Paul Dottino is an Emmy-award-winning broadcaster who has been a host/reporter on the New York Giants broadcast team since 2009. He has worked on the New York Giants beat for several electronic and print media outlets since 1983, with various roles at NFL Network, WFAN-AM, ESPN New York, WOR-AM, WNEW-AM, and The (N.J.) Record. During that time, he also has been a radio play-by-play voice for New York Giants preseason games and a TV play-by-play voice for Division I college football/basketball/baseball games carried by many national and regional cable outlets, including CBS Sports Network, FS1, YES, MSG, ESPN+, and SNY.