The Giants have a plethora of decisions to make and not very much cap room to make them with, unless they decide to cut loose some contracts and are able to restructure others.
I find players are more willing to restructure deals to keep a Super Bowl champion together, but we'll have to see if the Giants players under contract feel the same.
Once again I feel this off season is going to be plagued with some popular players either being cut or let go, but we should trust Jerry Reese and his crew.
Mario Manningham: Leaves
Manninham is going to be getting a lot of attention after his heroics in the Super Bowl and he also had a very good statistical season in 2010. So his worth may be more than what the Giants are willing to pay.
Many teams could use the services of Manningham, and the Giants, while they would want him back, probably won't be able to afford him.
Jonathan Goff: Re-signs
The Giants are definitely appreciative of Chase Blackburn, but there is a high possibility they will make Goff their starting linebacker of the future. He was one of the best run-stuffers in 2010, and if it weren't for an ACL injury that took him out of the 2011 season, he would be commanding big dollars now.
As I said before, his contract will have to be similar to that of Mathias Kiwanuka's, who had to prove himself after a neck injury kept him out of most of the 2010 season. Kiwanuka got a two-year deal and Goff will get the same.
Estimated Contract: Two years, $7 million
Kareem McKenzie: Leaves
McKenzie has given the Giants many solid years and anchored two Super Bowl championship lines from the right side. But his services with the Giants could be over. He regressed significantly in 2011, and as he gets older that will not change.
Terrell Thomas: Re-signs
Even though they ended up winning it all, the Giants could have used Thomas' services last season. They ranked near the bottom of the league in passing yards given up and saw a significant decrease in turnovers forced after they led the league in 2010.
Thomas is reportedly three weeks ahead of his rehab schedule and the two sides have begun contract negotiations. I do not see those going awry and Thomas will be a Giant.
Estimated Contract: Five years, $25 million
Aaron Ross: Leaves
Ross did play well in the post season, but he is so inconsistent I do not see the Giants keeping him, especially if they re-sign Terrell Thomas. Ross will be banking on his postseason play to get him top dollar, and the Giants will gladly let him go.
Deon Grant: Leaves
Each one of these is getting tougher and tougher. Grant was a vital part of the Giants defense last season, but he is aging and the Giants have other priorities. If they can get him at a discount they will, but Grant would probably retire or play somewhere else for more money if a team wants him.
Steve Weatherford: Update: ProFootballTalk.com is reporting via their Twitter handle that the Giants have placed the franchise tag on punter Steve Weatherford.
Contract: One year, $2.5 million (average of top 5 at the position).
Rocky Bernard: Leaves
After an up and down stint with the Giants, Bernard is going to be seeing his way out of New York. If Marvin Austin had not torn his pectoral muscle, Bernard might have been gone last year. He is a solid backup, but will probably want more money than he's worth.
Domenik Hixon: Re-signs (Signed new deal Friday, March 2)
Contract: One year, $615,000
Dave Tollefson: Re-signs
The Giants like Tollefson backing up all of their studs. He has good moves in his own right and is a reliable option to put on the field when the starters need a rest. He's had an opportunity to leave in the past, but nobody has signed him. I believe he's happy here.
Estimated Contract: Two years, $1.5 million
Chase Blackburn: Re-signs
For how much Blackburn did for the Giants, you have to assume they will bring him back. If not for that reason, then to have a reliable backup behind Jonathan Goff, who is coming off a torn ACL. Blackburn's 2011 story is an incredible one and it would be a shame if the Giants did not reward him. Someone else might if they don't.
Estimated Contract: Two years, $1.5 million
Stacy Andrews: Leaves
As I said before, Andrews was a nice backup and occasionally played blocking tight end, but the Giants are going to rebuild the offensive line through the draft or free agency, so there is no room for washed up older guys.
Will Blackmon: Leaves
Hopefully the Giants can stay healthy in the secondary this season. Blackmon getting any time in the regular season as a corner would be a bad sign, but could possibly keep him around for his punt return skills? I doubt it.
David Carr: Re-signs
Carr is a reliable backup and I do not foresee the Giants going in a new direction. Unless practice squad main stay Ryan Perriloux shows improvement, Carr has little to no competition for the backup job.
Estimated Contract: Two years, $1.6 million
Devin Thomas: Re-signs
The Giants really like Thomas and his effort he gives on special teams, particularly as a kickoff return man, but he could see an expanded role in the offense if Manningham is let go.
Estimated Contract: One year, $1 million
Bear Pascoe: Re-signs
Pascoe is a great asset to have on a team. He is a good run blocker and has the versatility to be the backup fullback in case Henry Hynoski goes down, which he did at one point in 2011. Unless Pascoe is blown away, the Giants would match any offer given to him.
Estimated Contract: Three years, $2.7 million
Michael Clayton: Leaves
Michael Coe: Leaves
Jimmy Kennedy: Leaves
Justin Tryon: Leaves
With all of the previous four players not only being released, but having said all I could say about them on the previous slide, I'll just lump them together. With so many players as free agents there is only so much room for everyone. These four did not have much of an impact on the 2011 roster, so I don't see them coming back unless they get signed for training camp and blow the coaching staff away.
Derrick Martin: Re-signs
Martin has a chance to break through with Deon Grant likely retiring or playing somewhere else, he and Tyler Sash are the only two safeties behind starters Kenny Phillips and Antrel Rolle, so the opportunity is definitely there.
Estimated Contract: Two years, $1.4 million
Tony Ugoh: Re-signs
Under the tutelage of offensive line coach Pat Flaherty, maybe the Giants can get something out of Ugoh that the Colts thought they couldn't get. Ugoh played some blocking tight end at the end of the season, so he could be a first option backup next season.
Estimated Contract: One year, $700,000
Jake Ballard: Has re-signed with the team
This is a no-brainer. Although Ballard tore his ACL and is expected to be placed on the physically unable to perform list, he had a good year for the Giants and should be rewarded for it. Fans killed Jerry Reese for letting Kevin Boss go and Ballard ended up having a just as good, if not a better year, in 2011.
Contract details to come later
Bruce Johnson: Has Re-signed with the team
After having missed the previous two seasons due to injury, Bruce Johnson has a lot of making up to do. He also has to prove he can be the player he was back in 2009 as a rookie. The Giants need to make sure their secondary is stacked to avoid last year's problem.
Contract details to come later.