The New York Giants probably have their top three cornerbacks in place for the 2013 NFL season now that Corey Webster has agreed to take a $3 million pay cut to remain with the team, according to Ralph Vacchiano of the New York Daily News.
But the presence of Webster, fellow starter Prince Amukamara and 2012 third-round pick Jayron Hosley shouldn't cause the Giants to rest easy when it comes to the cornerback position. Webster is still entering the final year of his contract and would need to show great improvement in order to merit a new deal in 2014, while the jury's still out on Hosley.
If anything, this just means that the Giants will likely shift their focus from finding corners on the open market to drafting them in April. It arguably buys the team some time, but I'm not even convinced that's the best approach to this situation.
Ideally, the Giants still make an effort to upgrade in this spot immediately. Free-agent corners don't come cheap, but Big Blue now has at least some cap flexibility and can use some of the $3 million Webster just saved them on a potential replacement.