The two big free agents the New York Giants signed on Saturday -- tight end Brandon Myers and linebacker Dan Connor -- signed exceptionally salary-cap friendly contracts.
The totals were officially posted to the NFLPA web site Monday. Myers signed a four-year, $14.25 million deal, BUT the first year of that is the only one guaranteed and includes only a $725K salary. The remaining three years are listed at $4 million annually. The cap hit for Myers in 2013, according to a variety of Giants' beat writers masquerading as amateur capologists, will be $1.125 million. That includes his salary and a pro-rated portion of his reported $1.75 million signing bonus.
Connor's deal is a straight one-year, $715K contract. Terms of Louis Murphy's deal have not yet been posted.
Much to the disappointment of many, no restructure or release has been announced as of yet for veteran offensive lineman David Diehl.
According to Spotrac, the Giants were at $120.56 million in salary prior to these signings, meaning they are -- barely -- still under the $123 million cap.