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Sterling Shepard back with Giants on restructured deal

The Giants are retaining their longest-tenured active player, per NFL Network’s Mike Garafolo.

Wide receiver Sterling Shepard and the team that drafted him in 2016’s second round have agreed to a new restructured contract. While the financial details of the new deal have yet to be reported, it’s most certainly a contract that includes a cap-friendly pay cut for Shepard.

According to Jordan Raanan of ESPN, the new deal lets Shepard hit free agency in 2023 (instead of 2024, when the original extension was to expire).

The #Giants and WR Sterling Shepard have reached agreement on a restructured contract, sources tell me and @RapSheet.