Bosworth received no bonus money, therefore his cap number is the same as his salary listed above ($555,000). This must mean that he has 2 accrued years, and not 3 as I was speculating on a previous post (click HERE for it). This means that he doesn't count against the Giants' salary cap since his cap number doesn't fall into the teams top 51. If the Giants were to cut him, there would be no leftover dead money on the Giants' salary cap. Check out his contract information below; it's pretty straightforward:
Source: Kyle Bosworth's contractual information for the Giants from overthecap.com
My projection for Undrafted Rookie Free Agent signee Chase Clement, the blocking TE out of LSU, was slightly off because he received some bonus money in addition to his paragraph 5 base salary. His salary was listed as being $405,000 when I looked it up on the NFLPA website. It didn't reveal his $2,5000 signing bonus though. Clement's salary for 2013 is $407,500. His cap number for the 2013 season is $405,833. I found that out via overthecap.com when I checked there earlier today. Here is the information below:
Source: Chase Clement's contractual information from overthecap.com
Undrafted Rookie Free Agents don't (UDFAs) don't always receive signing bonuses. The only other UDFA that the Giants signed after the draft so far this year besides Clement that received a signing bonus was WR Marcus Davis out of Virginia Tech, and they cut him already. Davis received a $15,000 signing bonus when the Giants signed him right after the completion of the 7th round of this years' Draft. 2 weeks later though the Giants cut him because of the play of WR Jeremy Horne. The Jets then proceeded to scoop him up right afterward.
Davis's signing bonus was six times bigger than Clement's. If the Giants don't see the kind of play from Clement that they like, then they'll cut him too, but that probably won't be until training camp since the Giants decided to be patient with him and sign him after he initially failed his physical before coming in for rookie camp between May 11th and May 13th. Clement's dead money for 2013, should he be released would be $2,500. They absorbed Davis's $15,000 dead money figure right only 2 weeks after giving him that large signing bonus.
There are 5 UDFAs on the Giants' roster at this time. They are as follows:
They've cut 5 others so far this off-season since the time after rookie camp between May 11th and May 13th as well. Running Back Jeremy Wright out of Louisville was the latest UDFA who was released. The Giants released him yesterday, a per this tweet by Ralph Vacchiano (Wright still appears though on the Giants' official 90-man roster listed at Giants.com as of today, so it may not be official yet). Here are the 5 who they've released so far:
Clement is the only UDFA currently on the Giants' roster to receive a signing bonus. This apparently is a boost to his chances to make to team (including the Practice Squad), but not by much. Look at what the Giants did with Davis. They gave him a $15,000 signing bonus, and the *POOF* he was gone after getting outplayed by journeyman veteran receiver Jeremy Horne.
The Giants currently have 89 players on their 90-man roster (reports surfaced that they released UDFA RB Jeremy Wright yesterday). It'll be interesting to see what moves they make next, besides signing their two remaining unsigned draft picks--first round pick Justin Pugh, and fourth round pick Ryan Nassib.
No comments:
Post a Comment