The New York Giants have freed up some additional cap space by restructuring the contract of defensive tackle Dexter Lawrence according to Field Yates of ESPN.
. The team converted $10 million of Lawrence’s base salary into a signing bonus and three-quarters of that money was pushed into future years to create $7.5 million of cap space.
Lawrence signed a four-year extension with the Giants last May and will now have a 2024 cap number of just under $15 million. He’s signed through 2027 and will have cap hits north of $23 million each year, although the team could do further restructuring to change that.
Lawrence was a second-team All-Pro after posting 53 tackles and 4.5 sacks for the Giants last season.