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Giants Restructure Brian Burns' Deal to Free $15.1 Million in 2026 Cap Space

The move trades immediate relief for larger cap hits in 2027–2028.

Overview

  • Spotrac reported a simple conversion moving $22.75 million of Burns' salary into a signing bonus, creating $15.1 million in 2026 cap space.
  • Post-restructure figures list a $1.3 million base salary, a $22.75 million restructure bonus, a $500,000 workout bonus, a $21,383,333 cap hit, and a $57,050,002 dead-cap value for 2026.
  • Updated cap hits are approximately $21.3 million in 2026, $44 million in 2027, and $44 million in 2028.
  • The Giants previously converted $16 million of Burns' 2025 salary into a signing bonus last May, clearing $12 million that year.
  • Spotrac currently shows roughly $29 million in Top 51 cap space for New York, subject to adjustment as recent contracts are processed.