Impact of Giants' draft picks on the salary cap once they're signed

Only two players out of the 7 that the Giants drafted will count against the salary cap while the "Top 51" rules are in effect: 1st round pick Justin Pugh, and 2nd round pick Johnathan Hankins.

The reason that this is so is because they are the only two players from amongst this year's draft class who fit into the Giants' top 51 salary cap numbers on the roster (see my post from yesterday: http://optimus2g.blogspot.com/2013/05/giants-rookie-cap-numbers-for-2013.html)

•Estimate courtesy of: http://overthecap.com/nfl-rookie-salary-cap.php

 Their cap numbers will displace the 50th and 51st ranked cap numbers currently on the rosters: Ryan Torain's and Jim Cordle's, who each make $555,000 (source for these salaries is courtesy of New York Giants 2013 Salary Cap - overthecap.com).


•The sum of Torain's & Cordle's cap numbers is $1,110,000.
•The sum of the Cap numbers for Pugh ($1,517,436) and Hankins ($765,545) is $2,282,981.

•You simply subtract $1,110,000 from $2,282,981 & you get $1,172,981.


•You subtract $1,172,981 from the Giants' official cap number of $3,927,958, and you get $2,754,977.

•This adjusted cap number of $2,754,977 takes into account the projected salary slotted cap numbers for Pugh and Hankins; while it is not official yet, it is a projection of what will happen in the next month or two as the draft picks sign on with their clubs.


•As a result of the new CBA ratified in 2011, draft picks are signing on sooner rather than later, like they used to--in some cases it was MUCH later (see Michael Crabtree).