Overview

• Field Yates reported the move saves $12.2 million this season, giving New York needed room before Week 1.
• Over The Cap had the Giants about $9.6 million over the limit Thursday morning prior to the restructure.
• The NFLPA ledger showed $3.449 million in space afterward, which gets them under the cap with only short-term operating room, per Big Blue View.
• Per Dan Duggan, this was a max restructure that tacks roughly $3 million onto Thomas’s cap charges from 2026 through 2029.
• Thomas missed 18 games over the past two seasons following Lisfranc surgery in 2024, and his status for Sunday’s opener against Washington remains uncertain.