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New York Giants Restructure Blake Martinez, James Bradberry Contracts

The Giants finally executed two much-anticipated contract restructures to clear away some cap space, though it's unclear as of this writing what the team currently has in available cap space.
Patricia Traina|
New York Giants Restructure Blake Martinez, James Bradberry Contracts
New York Giants Restructure Blake Martinez, James Bradberry Contracts

The New York Giants have completed two much-anticipated contract restructures for some key players.

Inside Linebacker Blake Martinez, who was due an $8.125 million base salary in 2021, and cornerback James Bradberry, due a $13.9 million base, each had their respective numbers reduced, according to ESPN's Field Yates.

According to Yates, Bradberry now has a $13.2 million cap number (down from $17.25 million) after having $8 million of his $13.9 million base salary converted into a signing bonus.  

Martinez now has a $6.725 million cap number (down from $10.225 million) after agreeing to convert $7 million of his base salary into a signing bonus.

Neither player lost money in the process; instead, they were "advanced" a portion of their original base salaries for this year. The drawback to taking this approach is that each man's 2022 cap figure will rise. 

However, with the new television deals in place, the league's salary cap is also expected to take a significant jump forward after dipping this year due to the impact of the global pandemic.

It's unclear what the Giants' current cap space is, as available numbers do not yet reflect the 2021 contract hits as given to cornerback Adoree' Jackson or outside linebacker Ryan Anderson.  

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Patricia Traina
PATRICIA TRAINA

Patricia Traina has covered the New York Giants for 30+ seasons, and her work has appeared in multiple media outlets, including The Athletic, Forbes, Bleacher Report, and the Sports Illustrated media group. As a credentialed New York Giants press corps member, Patricia has also covered five Super Bowls (three featuring the Giants), the annual NFL draft, and the NFL Scouting Combine. She is the author of The Big 50: The Men and Moments that Made the New York Giants. In addition to her work with New York Giants On SI, Patricia hosts the Locked On Giants podcast. Patricia is also a member of the Pro Football Writers of America and the Football Writers Association of America.

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