Giants are currently only $3,832,113 under the cap - Again thanks to Optimus-NY BBI
Some how Dallas with all their restructuring is now in better position than us... after being in cap hell....... go figure.
Cap Space for teams (sorted from most cap space to least cap space): as of March 3, 2013:
Later on this offseason, they're going to need money to sign the rookies. The estimated rookie pool number for the Giants, courtesy of overthecap.com is $4,614,587
•Basically, the Giants need to be at $10,839,587 under the cap in order to sign their draft picks and Restricted Free Agents (RFAs).
•Right now they are only $3,832,113 under the cap, which means that they are fine to start free agency in 9 days, but they will need to clear another $7,007,474 in cap room in order to get done what they need to get done eventually this offseason.
•In order to take care of the most pressing need--the Restricted Free Agents who'll cost $6.225 M (Cruz, S. Brown, and A. Brown), they're going to need to clear another $2,392,887--this has to happen before the tenders are due before the start of free agency on March 12th.
•As can be seen, there is obviously more work to be done by the Giants' cap man, K. Abrams, before free agency begins--I didn't even include the Giants' own free agents that they want to attempt to retain OR the players that they'd be interested in gong after from other teams.