When we learned that the Giants were set to rework Nate Solder‘s contract, pretty much everyone expected that the team would save a small chunk of money. However, the veteran lineman’s new deal will actually see him take a significant pay cut.
Dan Duggan of The Athletic reports (via Twitter) that Solder’s 2021 salary has been reduced from $10MM to only $3MM, leading to a $9.5MM cap charge (ultimately saving the organization $7MM). Solder’s 2022 deal was also reduced to $3MM, none of which is guaranteed, and his cap hit will drop from $18MM to $7MM. So, at the end of the day, Solder basically committed to a new two-year, $6MM deal with $3MM in guaranteed money.
Solder opted out of last season but had expressed a desire to play in 2021. The 6-foot-8 tackle was previously attached to a $16.5MM cap number after his contract tolled from 2020. Outright releasing the lineman never seemed like a logical option for the Giants, as it would have left the organization with $10.5MM in dead money.
New York signed Solder to a massive four-year, $62MM deal in 2018, and he’s been a pretty big disappointment for that hefty contract. They almost traded him in 2019, but nothing got done. While his production has gone down, Solder still started each of his 32 games between the 2018 and 2019 seasons, playing in at least 95-percent of his team’s offensive snaps per year.
There’s a chance that Solder sees mostly a backup role in 2021. The team’s rostering 2020 No. 4 overall pick Andrew Thomas, and they got some surprising production from third-round pick Matt Peart last season.
Wow…. good thing you sat out all year and lost 13-15 million dollars.
Players who leave the Patriots for big contacts rarely succeed I wonder why haha you leave the goat of HC your not the same player it seems
I hate Gettleman, but really solid move here. That’s a big savings.
Here’s to hating him all the way to the playoffs.
Lol
I feel the same.
lmao hopefully
The big question is whether DG sacrificing Zeitler and Tomlinson negated all the other (savvy) moves.
Here’s to hating him to 3rd place in division
Allowed us to get CB and overpay for a WR
And if they don’t get that receiver you probably kill him for not paying to get him. No pleasing some people
There’s a lot of that here.. lol
He’s actually one of the nicer ones about it.
Overpaid the CB more than the WR
That CB is better than you realize. Tenn released him because of $$ cap not skill set