The New York Giants are currently in the midst of gutting their roster in an effort to clear $40 million in salary cap space. Already they’ve released tight end Kyle Rudolph and running back Devontae Booker, and now wide receiver Sterling Shepard is in their crosshairs.
Cutting Shepard is not a logical option for the Giants, who would eat just under $8 million in cap space just to save $4.5 million. So as an alternative approach, general manager Joe Schoen & Co. have asked Shep to take a “significant” pay cut.
Ryan Dunleavy of the New York Post reports: