The New York Giants have traded away defensive end Jason Pierre-Paul to the Tampa Bay Buccaneers in a blockbuster trade on Thursday morning.
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Pierre-Paul has been with the team since his drafting in 2010. Last season, he recorded only 8.5 sacks in 16 games in what was supposed to be one of the most dynamic defensive lines in the NFL.
His contract was set to count $17.5 million against the cap, and now opens up a bit of room for the Giants to go after another high-profile signing.
JPP still had $15 million in signing bonuses left on his contract which becomes accelerated to the current period. This means the Giants will have to cover $15 million in dead cap, which only opens up $2.5 million in cap-space.
The real money will be next season when and him Eli Manning are likely off the books.
Another blockbuster trade: Giants trading DE Jason Pierre-Paul and a 2018 fourth-round pick to Buccaneers for a 2018 third-round pick and a fourth-round pick, source tells ESPN.
— Adam Schefter (@AdamSchefter) March 22, 2018