The NFL set the salary cap for the 2022 season at $208.2 million per team, an increase of $25.7 million from last year's cap of $182.5 million. The league decreased the 2021 threshold due to the COVID-19 pandemic after a steady annual increase of at least $10 million.
General manager Joe Schoen has been open about the Giants' need to get in better shape regarding the cap, a process that included the release of veteran tight end Kyle Rudolph and running back Devontae Booker.
"We've got to have contingency plans and kind of the 'if/then' scenarios," Schoen said last week at the NFL Scouting Combine in Indianapolis. "We went through a lot of those. If we don't get to where we have money that we can do something in free agency, then it's going to be hard. Again, back to my introductory press conference, we want to be competitive today and also build for tomorrow. I think if we're able to do this the right way, I think there's a real possibility that we're going to be able to do that."
The 2022 league year and free agency period begin at 4 p.m. ET on March 16. It follows a two-day period when clubs are permitted to contact, and enter into contract negotiations with, the certified agents of players who will become unrestricted free agents. No prospective unrestricted free agent is permitted to execute a contract with a new club until the new league year begins.
The Giants currently have 22 pending unrestricted free agents, three restricted free agents, and five exclusive rights free agents.
Unrestricted Free Agents (22)
- WR C.J. Board
- LB Lorenzo Carter
- CB Keion Crossen
- OT Korey Cunningham
- S Nate Ebner
- TE Evan Engram
- QB Mike Glennon
- G Will Hernandez
- DL Austin Johnson
- LS Casey Kreiter
- LB Benardrick McKinney
- FB Elijhaa Penny
- S Jabrill Peppers
- WR Dante Pettis
- OL Billy Price
- LB Reggie Ragland
- WR John Ross
- DL Danny Shelton
- OL Matt Skura
- LB Jaylon Smith
- OT Nate Solder
- TE Levine Toilolo
Restricted Free Agents (3)
- FB Cullen Gillaspia
- DB Joshua Kalu
- DB Steven Parker
Exclusive Rights Free Agents (5)
- QB Jake Fromm
- OL Kyle Murphy
- DB J.R. Reed
- WR David Sills
- DB Jarren Williams
NFL.com updated its rankings of the top 101 players set to become free agents on March 16.