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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3. Darren Waller

Tight end Darren Waller is still new in the Big Apple. He was traded from the Las Vegas Raiders to the New York Giants in March 2023 for the No. 100 overall pick in the 2023 NFL Draft.

The Giants decided to acquire the 2020 Pro Bowler to give quarterback Daniel Jones an athletic target over the middle of the field. The relationship never got to flourish as Jones and Waller both suffered injuries.

Waller was dealing with a hamstring strain that forced him to miss five games. The Georgia Tech product has struggled to stay on the field over the past few years. Waller has missed at least five games from 2021-2023.

The 31-year-old recently locked down a contract extension. Waller and Las Vegas agreed to a three-year, $51 million deal in September 2022. He's now scheduled to make $14 million in 2024, $15.4 million in 2025, and $17.4 million in 2026. That's a lot of money for a tight end who's getting up there in age and has some injury concerns.

If New York were to release Waller they would create $6.2 million in cap space per Spotrac. It could balloon to over $12 million with a post-June 1 release.

That's certainly something to consider if you're Brian Daboll and Joe Schoen.

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