Giants' Updated Salary Cap, Depth Chart After Russell Wilson Contract

The New York Giants continue to upgrade their options at quarterback.

The team signed veteran Russell Wilson to a one-year, $10.5 million fully guaranteed deal, per ESPN's Adam Schefter, that could go up to $21 million with incentives.

That follows the team previously signing Jameis Winston this offseason.

New York had around $6.6 million in salary cap space coming into Tuesday, per Spotrac, though that number will change after the draft and once the roster is trimmed down to 51 players for the 2025 season.

As for the offensive depth chart, here's where it currently stands:

QB: Wilson / Winston / Tommy DeVito

RB: Tyrone Tracy Jr. / Devin Singletary / Eric Gray

WR: Malik Nabers / Darius Slayton / Wan'Dale Robinson / Jalin Hyatt / Zach Pascal / Lil'Jordan Humphrey

TE: Theo Johnson / Daniel Bellinger / Greg Dulcich

LT: Andrew Thomas / James Hudson

LG: Jon Runyan / Aaron Stinnie

C: John Michael Schmitz Jr. / Austin Schlottmann

RG: Greg Van Roten / Jake Kubas

RT: Jermaine Eluemunor / Evan Neal

The natural inclination after Wilson's signing would be to think that New York is done addressing the quarterback position this offseason, with a pair of veterans in tow. That would allow the team to take the top player on the board with the No. 3 overall selection at April's NFL draft, likely either Penn State edge-rusher Abdul Carter or Colorado's dual-threat dynamo, Travis Hunter.

Schefter said earlier on Tuesday that the team may still be hot on the trail of Colorado quarterback Shedeur Sanders, however:

Still, taking another quarterback at the draft would represent something of a strange offseason for these Giants.

Tuesday's move might indicate that the Giants believe the Cleveland Browns will take Sanders at No. 2. In that scenario, having a pair of veterans and either addressing quarterback later in the draft with a long-term project—or waiting until the first round next season—would make sense.

If Sanders is available at No. 3, however, and the Giants select him, it would be an utterly bizarre approach.