New York Giants offensive tackle Nate Solder (Mandatory Credit: Eric Hartline-USA TODAY Sports)
The NY Giants freed up substantial spending flexibility under the salary cap Wednesday, finalizing a restructured contract with veteran offensive tackle Nate Solder, hours before free agency officially opened.
Solder’s restructure, first reported by The Athletic, lowered Solder’s 2021 salary to approximately $4 million, down substantially from the $16.5 million that he was expected to count against the cap in 2021.
Following Solder’s restructure, the NY Giants have approximately $11.5 million in cap space this season.
Here is a full breakdown of Solder’s restructure:
Nate Solder’s contract restructure is complete, per source.