Giants Restructure Devin Singletary’s Contract to Cut Cap Hit

The New York Giants and running back Devin Singletary reached an agreement to restructure Singletary’s contract on Friday, aiming to reduce his cap hit for the 2026 season. Singletary was scheduled to earn $5 million while counting $6.5 million against the Giants’ salary cap that year, so this arrangement likely lowers those numbers.

Background on Devin Singletary’s NFL Journey

Devin Singletary, 28, entered the NFL when the Buffalo Bills selected him in the third round of the 2019 NFL Draft after his college career at Florida Atlantic. He completed his rookie contract, which was worth $3.8 million over four years, with a base salary of $2.54 million in 2022 thanks to a performance-based escalator. Afterward, he signed a one-year deal with the Houston Texans for the 2023 season and subsequently joined the Giants on a three-year, $16.5 million contract starting in 2024.

Singletary’s Performance in the 2023 Season

During the 2023 NFL season, Singletary played in all 17 games with the Giants, accumulating 437 rushing yards on 119 carries, averaging 3.7 yards per carry. He also made 18 receptions for 151 receiving yards and contributed a total of five touchdowns.

Implications of the Contract Restructure

This contract modification reflects the Giants’ efforts to manage their salary cap space while retaining Singletary’s services. By lowering his cap charge, the team gains more financial flexibility heading into the coming seasons. As the Giants adjust their roster and budget, Singletary’s role and contract will remain key elements to monitor moving forward.

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