Shortly following their 2013 regular-season finale, the New York Giants' front office will begin the unpleasant task of evaluating its current roster, of which more than two dozen players are due to have their respective contracts expire.
Before, the Giants can put together proposals for those players they want to try to keep from that group or which players they realistically have a chance at pursuing from other teams, the first step is to consider which players currently under contract no longer fit into their plans.
By making these decisions and terminating those contracts accordingly, the Giants will increase their total available cap space.
That amount, assuming the 2014 salary-cap projection of $126.3 million reported by Pro Football Talk is accurate, would be approximately $17,540,324. That figure is based on the $108,759,676 already committed to 2014's cap, per OvertheCap.com.
Will $17.54 million be enough for New York to satisfy all of their upcoming personnel needs?
Surprisingly, it might not.
Besides the need to add talent, the Giants might want to lock up pending free agents such as cornerback Prince Amukamara and defensive end Jason Pierre-Paul, both of whom will be unrestricted free agents after the 2014 season.
If those moves are in the plans, then they would actually need more cap space to do so.
The good news is that there are some moves they can make to help increase their 2014 cap space by approximately $14.7 million.
In this slideshow, I’ve outline five potential steps that the Giants could take this offseason that could free up cap space.
After the season, I'll look at other salary-cap-related strategies the Giants might take regarding free agency, contract restructurings and so forth.
I’ll also analyze any new contracts or restructurings the Giants announce during the free-agency period.
For now, read on to find out what five moves the Giants might make before the start of the 2014 league year on March 11, 2014 to clear additional cap space.