Overview

• ESPN reports a maximum base‑to‑bonus conversion, with NFLPA data showing about $3.4 million in space after the adjustment.
• Over The Cap had listed the Giants as roughly $9.5–$9.6 million over the 2025 limit before the rework.
• Thomas’ contract runs through 2029 from a five‑year, roughly $117 million extension signed in 2023.
• His Week 1 status remains uncertain following last year’s Lisfranc surgery and limited preseason work, and James Hudson could start at left tackle if he sits.
• The change is framed as a vote of confidence despite Thomas missing 18 games over two seasons, with some analysts questioning why Dexter Lawrence’s deal was not used instead.