Yates mentions that the Giants specifically converted Bradberry’s $8M salary and Martinez’s $7 million salary into a signing bonus that will be prorated over the length of their deals.
In turn, the Giants created $7.5 million of cap space.
Bradberry, 27, is a former second-round pick of the Panthers back in 2016. He played out his four-year, $3.96 million rookie contract in Carolina and was allowed to leave in free agency.
Bradberry signed with the Giants in 2020 on a three-year, $45 million deal.
In 2020, Bradberry appeared in 15 games for the Giants and recorded 54 tackles, three interceptions, two forced fumbles, a recovery and 18 passes defended.