David Baas, Corey Webster restructure contracts with Giants, according to reports

Al Bello

The New York Giants restructured the contracts of center David Baas and cornerback Corey Webster, who agreed to take a paycut. The two deals save the Giants approximately $5 million in cap space for the 2013 season.

The New York Giants freed up some more cap space on Thursday with two deals. Center David Baas agreed to a restructured contract that lowered his base salary from $4.25 million to $1.25 million according to Ralph Vacchiano. Meanwhile, cornerback Corey Webster agreed to take a paycut, dropping his salary from $7.25 million to $4 million in the final year of his contract according to Kimberly Jones.


Baas, 31, played his first six seasons in San Francisco and signed a five-year, $27.5 million contract with New York in 2011, but he has failed to play up to expectations with the Giants. This offseason, Baas underwent multiple surgeries, but the specifics are unknown. He was listed on the injury report for the majority of the 2012 season, but did not miss any games. The new contract should save the Giants $2 million in cap space, moving Baas' cap hit from $6.725 million to $4.725 million for 2013.

Webster, 31, has been with the Giants for eight years of his NFL career. He signed a six-year, $44 million contract in 2008 that is set to expire at the end of the 2013 season. With only one year remaining on his contract, Webster agreed to take a pay cut to remain with the team, which saves the Giants over $3 million.

The two moves put the Giants approximately $9 million below the salary cap. The Giants have done good work to get under the salary cap after starting over the cap. Still, New York could look to clear more space as the March 12 start of free agency approaches.

More in the NFL:

3 reasons why the Chiefs must draft Luke Joeckel

NFL Mock Draft: New names rising in first round

Tom Coughlin talks with SB Nation's Big Blue View

NFL defenses are changing, too

NFL free agency: Vikings, Dolphins pursuing Mike Wallace

Uffsides: Von Miller talks with SB Nation

Latest News

In This Article

Teams
Players
X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.