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Giants Restructure Andrew Thomas' Deal to Create $6.46 Million in Cap Space

Creating cap room for rookie linebacker Arvell Reese, the Giants converted part of Thomas's 2026 salary into a roster bonus.

Overview

  • The Giants and left tackle Andrew Thomas agreed to a simple restructure that converted part of his 2026 base salary into a roster/signing bonus, which produced $6.46 million in immediate 2026 salary-cap space.
  • The move, reported by multiple outlets on May 28, 2026, is intended to help the team sign No. 5 overall pick Arvell Reese and absorb his first-year rookie cap charge without gutting short-term flexibility.
  • Thomas remains under the five-year, $117.5 million extension he signed in 2023 that runs through 2029 and will still receive the same guaranteed money under the restructure.
  • Converting salary to bonus lowers the 2026 cap burden now but spreads and increases cap exposure in later years of the contract, which could raise Thomas' projected 2027 cap hit.
  • Coaches have limited Thomas' OTAs work because of lingering foot and shoulder issues, and the restructure signals the team’s ongoing commitment to him while balancing roster construction needs this summer.