Or we could get a really good defense and sign the next Trent Dilfer
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Yeah, you will have to win 12 games though with that defense, so you really have to be an extremely good defense. That's the number of wins that Ravens team had. If you win 9-7 without a legit QB, then you are not that good of a defense to overcome the next Trent Dilfer.
And THIS is a perfect example of why I HATE restructuring/back loading contracts like this. You're going to pay the piper eventually.
The chances of them releasing Eli or extending him for two or three years and not giving him one more dime seem pretty remote to me. I also think Reese would be cutting his professional throat to guarantee that kind of money for any player. He will figure it out.
But it would be adding actual money. Those are Eli's cap hit. His actual salary is far less because he took a lot of it up front and in restructures.
An extension would solve all those problems. Lower cap hit, add actual money for Eli, and keep him on the giants longer.
That's really the only option they have. Even if Eli said he would take less money that wouldn't lower the cap hit