The Giants will have a different cap number either tomorrow or Tuesday

The NFLPA doesn't automatically makes changes to reflect the accounting of the financial moves that have come about as the result of the Pugh signing, the Nassib signing, and the release of Kicker David Buehler & subsequent signing of Fullback Ryan D'Imperio, especially if they occur towards the end of the week (Thursday night). The changes should be reflected though on the NFLPA's Top 51 League Cap Report website either tomorrow, or on Tuesday, as indicated above.

At the moment, the Giants are officially $3,657,682 under the salary cap. As a result of the moves mentioned above, by either tomorrow or Tuesday--and pending any other moves between that time of course--the Giants should be $2,770,246 under the salary cap.

• The Pugh signing resulted in a cap decrease of $961,436.
• This was due to salary cap displacement between his 2013 cap number--which ranks 19th on the team--and that of the 51st ranked player on the Giants' top 51 list of cap numbers.
• That player was Spencer Paysinger, whose salary was $556,000.
• The difference between Pugh's 2013 cap number of $1,517,436 and Paysinger's 51st ranked cap number of $556,000 for 2013 is $961,436.

• Nassib didn't factor into any of this because his 2013 cap number of $518,400 ranks 59th on the club, placing him outside out the team's Top 51 list of cap numbers for 2013.
• This will change though once the Top 51 Rule ceases on September 5th, as Nassib is guaranteed a roster spot save for an act of God.

• An extra $74,000 in cap space was created as the result of the release of Kicker David Buehler, and the subsequent signing of Fullback Ryan D'Imperio on Friday.
• Read about it here: "Giants sign former Rutgers FB D'Imperio, release K Buehler" - By PAUL SCHWARTZ | Posted: 12:41 PM, July 26, 2013
• Buehler's 2013 cap number of $630,000 ranked him in a 3-way tie for the 31st highest cap number on the roster (tied with Curtis Painter & Trumaine McBride).
• D'Imperio's cap number of $480,000 currently ranks him in an 8-way tie for 62nd on the team.
• Since it ranks him outside of the team's Top 51 list of cap numbers for 2013, he doesn't count against the cap now.
• The displacement of the 51st salary of $556,000 did though, resulting in a differential of $74,000 ($630,000 - $556,000 = $74,000).

• When you subtract $961,436 from $3,657,682 you get a total of $2,696,246.
• To this adjusted cap number of $2,696,246 you then add $74,000.
• The result is the new adjusted cap number of $2,770,246.

As a result of these changes, the Giants should be $2,770,246 under the cap effective either tomorrow or Tuesday.