3 Giants Cap Casualty Cuts That Would Save Millions This Offseason

These players may find themselves as cap casualties during the offseason as the Giants are making moves to improve the roster.

East Rutherford, NJ     October 22, 2023 -- Darren Waller of the Giants at the end of the game. The
East Rutherford, NJ October 22, 2023 -- Darren Waller of the Giants at the end of the game. The / Chris Pedota, NorthJersey.com / USA
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The New York Giants are looking to regain the confidence they had in 2022. During that season, they went 9-7-1 and made it to the Divisional Round of the Playoffs. That momentum didn't carry over into 2023. Quarterback Daniel Jones tore his ACL in Week 9 against the Las Vegas Raiders and the Giants went 6-11.

Heading into 2024, New York will have about $26.8 million in cap space but that number has a chance to significantly improve.

Below we'll discuss a few players the Giants may look to release during the offseason.

1. Graham Gano

Kicker Graham Gano had a rough season last year for the G Men. Gano missed the second half of the season with a knee injury but wasn't doing much prior to that.

The 36-year-old went 11-of-17 on field goal attempts, including 3-of-6 from 40-49 yards away. The Florida State product missed a staggering 36% of his field-goal attempts.

Michael Ghobrial came over from the New York Jets and will be the Giants' new special teams coach. New York could be looking to retool their special team's unit after a disastrous year in 2023. They were ranked 21st in special teams with a DVOA of -0.6%.

He's on the books to make $7.2 million in 2024 and New York would get slapped with a $9.7 million dead cap hit by releasing him per Spotrac, but would save over $8 million in future years if he's made a post-June 1 cut.

It wouldn't take much to replace the veteran kicker with someone on the open market. Gano has been with New York since 2020 but his time may be coming to an end.