Giants' Salary Cap Estimate: NFLPA shows Giants $5.155 million under cap

Jerry Reese - Pat Lovell-USA TODAY Sports

Keep up with all of the Giants' free agency news, rumors and analysis on the Big Blue View Giants' Free Agency Hub Page

Records updated Monday afternoon by the NFLPA show the New York Giants $5.155 million under the NFL's $133 million salary cap.

That number, of course, is very fluid. It does not appear to include the deals agreed to over the weekend by cornerback Walter Thurmond or safety/kick returner Quintin Demps. It also does not include the roughly $5 million the Giants will save by cutting David Baas. Baas will be designated a post-June 1 cut, and his savings won't show against the salary cap until then.

Those numbers, of course, make you wonder how the Giants will have room to sign a player like Dominique Rodgers-Cromartie, who was in East Rutherford for a physical on Monday. To fit a player like DRC under the cap the Giants would appear likely to have to either make a roster move or re-structure one or more other contracts.

See our free agency tracker for the latest rumors, as well as updated contract numbers.

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