Field Yates of ESPN reports that the Giants picked up $3 million of cap space by restructuring the contract of CB Janoris Jenkins.
According to Yates, the Giants specifically converted $4.5 million of Jenkinsโ 2018 base salary into a proratable bonus, which produced the cap savings.
Jenkins, 29 is a former second-round pick of the Rams back in 2012. He spent four years with the Rams before signing a five-year, $62.5 million contract that included $28.8 million guaranteed with the Giants.
Jenkins stands to make base salaries of $10.9 million and $10.15 million over the next two years of the agreement.
In 2017, Jenkins appeared in nine games and recorded 31 tackles, three interceptions with two of them being returned for touchdowns, a forced fumble and nine pass defenses.
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