Today the New York Giants and offensive lineman Chris Snee have agreed to a restructured contract that will save the Giants over 5 million this season, according to Adam Schefter of ESPN:
Giants G Chris Snee restructured his contract, lowering his salary from $7.2 million to $1.1 million + $1M of incentives. So $2.1 max cash.
— Adam Schefter (@AdamSchefter) March 10, 2014
the 32 year old Snee was drafted by the Giants in the second round of the 2004 NFL draft, the 34th overall selection in the draft.He has been a rock on the right side of theGiants offensive line for the bulk of his career but has seen his productivity drop in recent years. Snee was able to play in only 3 games last season but had never missed more than one game in any year since his rookie year of 2004.
This new deal is the second cost cutting measure the Giants have taken along the offensive line today, cutting former starting center David Baas earlier in the day. Both moves should allow the Giants to add some quality to an offensive line that was terrible in 2013. If Snee was unwilling to take a pay cut he likely would have been released by the only franchise he has ever played for.
Snee is a four time Pro Bowler and was a first team All-Pro selection following the 2008 season and has won two Super Bowls as a member of the Giants.