The New York Giants released cornerback James Bradberry on Monday, according to The Athletic‘s Dan Duggan.
Bradberry’s approximate $21.8 million cap hit for next season turns into an approximate $10.3 million dead money cap hit for the Giants with $11.5 million in cap savings. That means the Giants are accounting for $10.3 million in their salary cap next season based on the way they prorated Bradberry’s signing bonus.
Still, the team creates $11.5 million by designating Bradberry as a post-June 1 release. That means a chunk of his dead money cap hit is moved to the Giants’ 2023 salary cap. In 2023, Bradberry’s remaining cap hit will be approximately $1.5 million for New York.
