The NFL has set the salary cap for 2020 at $198.2 million, slightly lower than the projected $200 million.
The New York Giants have $76.955 million to spend under the cap, per numbers provided by Spotrac. That is the fifth-most of any NFL team.
With the ratification by players of the new Collective Bargaining Agreement, teams will only be allowed to use the franchise tag this offseason.
Here are the estimated tag values:
My projections of franchise tags with $198.2M salary cap.— Joel Corry (@corryjoel) March 15, 2020
That means the Giants, if they designated Leonard Williams as a defensive tackle, would spend $16.1 million to tag him. As a defensive end, that number is $17.78 million.
We have been previewing free agency in our New York Giants Free Agency Hub Page. Check there for everything you need to know. If the negotiating window begins as scheduled and the signing period/league season begins Wednesday afternoon you will be able to follow that page and our Giants free agency tracker for everything you need to know.