Christmas Day tends to be pretty quiet in the NFL. But, on December 25th of last year, the Giants gave Logan Ryan the biggest gift he could have possibly asked for. That morning, the veteran safety inked a three-year, $30MM extension with $11.5MM fully guaranteed at signing. 
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It was a solid step up for Ryan, who encountered an oddly quiet market just a few months prior. Despite several seasons as a high-level starter, Ryan was forced to settle for a one-year, $7.5MM contract with the Giants. It’s not like he had declined either — Ryan graded as one of the league’s top slot defenders in 2019, per Pro Football Focus, and led all NFL corners with 113 tackles. Finally, Ryan had the $10MM/year deal he was seeking all along.
It wasn’t a banner year for the Giants on the whole, but Ryan was playing well on an individual level. At the time of signing, the Rutgers product had 83 stops, one interception, one sack, three forced fumbles, and nine passes defensed through 14 games.
The Giants were happy to reward his performance, but he’ll have to prove himself all over again for a new regime after Dave Gettleman steps down as GM. Ryan, 31 in February, has slumped along with the rest of the G-Men this year. He currently ranks just 71st out of 91 qualified safeties, per PFF, with zero interceptions or sacks on the year. But, thanks to his extension, his spot is more or less secure for 2022. Slated to carry a $12.225MM cap hit, the Giants would save just $775K by releasing him.
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