The New York Giants have created significant breathing room under the 2026 salary cap by restructuring the contract of star left tackle Andrew Thomas, according to ESPN’s Adam Schefter.
The move involves converting a substantial portion of Thomas’s 2026 base salary into a signing bonus. This accounting maneuver allows the Giants to spread the cap hit over the remaining years of his deal, immediately generating approximately $6.46 million in cap space for the current season.
Thomas, 27, is widely considered one of the premier blindside protectors in the NFL. He is currently playing under a five-year, $117.5 million extension signed in 2023, which keeps him under contract in New York through the 2029 season. Prior to this restructure, the Giants were ranked near the bottom of the league in available cap space, leaving the front office with little room for roster adjustments during the summer months.
By pushing this cap hit into future years—where the Giants are currently projected to have a much healthier financial outlook—the team now has the flexibility to address remaining depth concerns or manage potential injury replacements as training camp approaches. No other changes to Thomas's tenure or total compensation were reported as part of the agreement.
This is a developing story. Check back for updates.
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