Waller is going through a divorce and has been clear with the organization that he's got a lot going on, and needs some time to sort it out. Clearly, the team has a future play/succession plan in place if he hangs 'em up. In the meantime I'm perfectly fine with the team giving him the space he needs to sort it out.
In their personal lives these dudes aren't that much different from us. I'm impressed with the leeway he's been afforded and think this should be the norm, rather than the exception.
If he does not retire, which would be the repectful way to go, I hope and expect them to make him a post June 1 cut and save $11.6 million in cap space this year. Who to spend it on. Defensive line help?
If he does not retire, which would be the repectful way to go, I hope and expect them to make him a post June 1 cut and save $11.6 million in cap space this year. Who to spend it on. Defensive line help?
Defensive line help sounds like a good idea. Dex can't do it all himself.
If he does not retire, which would be the repectful way to go, I hope and expect them to make him a post June 1 cut and save $11.6 million in cap space this year. Who to spend it on. Defensive line help?
If he does not retire, which would be the repectful way to go, I hope and expect them to make him a post June 1 cut and save $11.6 million in cap space this year. Who to spend it on. Defensive line help?
FYI - Teams can designate up to two players a season as post-June 1st cap cuts prior to that time, but the cap savings won't be applied until June 2nd.
I would wait though, unless they absolutely need to money now. The latest I'd wait around for him is the end of June though. There has to be a cutoff point.
If his head is on straight (big if) and he is healthy (big if), then he still can be a tremendous asset. Despite his injury last year and missing five games, he still finished the season as the team's second leading receiver in both catches and yards.
Waller displayed that he can be a tremendous asset only when playing
in the summer against the Giants secondary in practice and a few other glorified scrimmages that don't count.
However, when the real games started Waller quickly went into dinged-up mode, playing soft on routes and blocking outsides, and often not making contested catches that TEs have to be able to do. This was his season and who he really seems to be.
Our TE group of Bellinger, Johnson, Stoll and Manhertz is the go forward unit in my view. Waller is in the rear-view mirror.
RE: Waller displayed that he can be a tremendous asset only when playing
in the summer against the Giants secondary in practice and a few other glorified scrimmages that don't count.
However, when the real games started Waller quickly went into dinged-up mode, playing soft on routes and blocking outsides, and often not making contested catches that TEs have to be able to do. This was his season and who he really seems to be.
Our TE group of Bellinger, Johnson, Stoll and Manhertz is the go forward unit in my view. Waller is in the rear-view mirror.
The Giants are ranked 27th out of all 32 clubs right now according to OverTheCap.com in overall remaining cap space in the league. Click HERE to check it out. Jason Fitzpatrick and his great crew there do a great job. They've got the NYG as having $5,447,378 of freed up cap space to work with as of now.
Cutting Waller will add to that amount of course. The Giants don't really need him on the roster as of now. They drafted Theo Johnson, a very intriguing prospect in the 4th round, and have some other young guys to work with for the 3rd TE spot. Bellinger's gonna start and away we go. Schoen never should have traded for Waller in the first place IMO, but that's neither here nor there now for the purposes of this discussion (I had to get that out there, sorry). Waller has the 5th highest cap number on this team at this time ($14,083,750). Click HERE for a link to these figures and check out the snapshot below to see the players on the NYG with the top 10 highest cap numbers:
If the Giants cut Waller now, in the standard fashion, it'd be considered a Pre-June 1st cut. Please note that teams can designate up to two players per offseason to cut prior to June 2nd, yet designate them as Post June 1st cuts. The catch with that would be that the cap savings from such cuts would not be added to the ledger until June 2nd. Teams usually do this if they need the money ASAP for something else, if they're really up against the cap and need the money for something else eminently or if they want to do a player a favor and give him more time to catch on somewhere else. As well know, free agency in June is somewhat of a wasteland. Click below to see Waller's Pre-June 1st cut snapshot:
The explanation of this is as follows: The Giants would gain $6,707,500 of cap savings if they cut him today. His dead money total of $7,376,250 still counting towards the cap would be off the books after the 2024 season.
Now take a look at what it would look like if they made him a Post June 1st cut:
The Giants would stand to gain $4,917,500 more in cap savings this way compared to the Pre June 1st amount. The total cap savings for a Post June 1st cut of Mr. Waller would be $11,625,000.
Part of the catch/repercussions of a Post-June 1st cut of Waller would be that the remaining dead money on the books would not be taken as medicine in one fell swoop. The remaining total of $7,376,250 would be spread out over three seasons from 2024 to 2026 at an even rate of $2,458,750 per season until Waller's contract is completely erased off the books after the conclusion of the 2026 season. That's also something to keep in mind.
The bottom line is this: Waller will turn 32 on September 13th and has three years left on his deal from 2024 to 2026. He's injury prone and over on the decline in more ways than one sadly. He's not a good investment at this point. Sounds cold, but it's the truth. The Giants have prepared and are continuing to prepare for life without him this season. that much is apparent at this point, and it will continue to be the case with rookie tryouts, UDFA signings, the draft having taken place already, the post draft free veteran free agency market, OTAs and veteran minicamp all factoring in now. He won't be on this team in 2024. It's just a matter of when and how he's purged from the roster that are the questions. If the Giants want to add a veteran free agent or two for cheap, then a Post June 1st cut would be the way to go. It'd also help them with signing their rookie draft class and give them some fudge money to navigate the cap to start the year.
P.S. Graham Gano's contract might warrant some watching going forward too, but that's a topic for another thread.
Waller is going through a divorce and has been clear with the organization that he's got a lot going on, and needs some time to sort it out. Clearly, the team has a future play/succession plan in place if he hangs 'em up. In the meantime I'm perfectly fine with the team giving him the space he needs to sort it out.
In their personal lives these dudes aren't that much different from us. I'm impressed with the leeway he's been afforded and think this should be the norm, rather than the exception.
1) He has to take a pay cut. His base salary needs to be split in half---at least. It's slightly north of $10 million now. That needs to go down to AT LEAST 5 million.
2) He needs to commit to the team 100 percent.
Schoen's preparing for life without him, but there's still a small window for Waller to fit through for this season. It's be in a reduced role at this point though since he's demonstrated that he can't be relied upon to be on the field on a consistent basis at this point. Watch out for mid-May and the end of June to see what happens to him contract-wise and cut-wise. Keep these dates in mind:
May 9-11: Rookie minicamp
May 20-21: OTAs
May 23: OTAs
May 28-39: OTAs
May 31: OTAs
June 3-4: OTAs
June 6-7: OTAs
June 11-13: Mandatory minicamp
if the giants cut waller, he can file an injury grievance against them and they could be forced to pay him some of what is owed to him. he might be able to say that it was because of that degenerative condition. logan ryan successfully filed an injury grievance against the giants when he was cut in March 2023.
i think the giants are basically calling his bluff here.
if he retires on his own, there is obviously no grievance.
if he doesn't retire then eventually he has to show up and pass his physical. then they cut him.
In their personal lives these dudes aren't that much different from us. I'm impressed with the leeway he's been afforded and think this should be the norm, rather than the exception.
Defensive line help sounds like a good idea. Dex can't do it all himself.
If he retires he is still under contract with the Giants and cannot sign elsewhere.
In any case, the Giants are better off designating him as a post-June cut. The Giants will save $11,600,00 this year and $10,541,000 next year.
There is no "big ticket" signing.
FYI - Teams can designate up to two players a season as post-June 1st cap cuts prior to that time, but the cap savings won't be applied until June 2nd.
I would wait though, unless they absolutely need to money now. The latest I'd wait around for him is the end of June though. There has to be a cutoff point.
There is no "big ticket" signing.
Pretty much.
If his head is on straight (big if) and he is healthy (big if), then he still can be a tremendous asset. Despite his injury last year and missing five games, he still finished the season as the team's second leading receiver in both catches and yards.
However, when the real games started Waller quickly went into dinged-up mode, playing soft on routes and blocking outsides, and often not making contested catches that TEs have to be able to do. This was his season and who he really seems to be.
Our TE group of Bellinger, Johnson, Stoll and Manhertz is the go forward unit in my view. Waller is in the rear-view mirror.
However, when the real games started Waller quickly went into dinged-up mode, playing soft on routes and blocking outsides, and often not making contested catches that TEs have to be able to do. This was his season and who he really seems to be.
Our TE group of Bellinger, Johnson, Stoll and Manhertz is the go forward unit in my view. Waller is in the rear-view mirror.
Agreed!
Cutting Waller will add to that amount of course. The Giants don't really need him on the roster as of now. They drafted Theo Johnson, a very intriguing prospect in the 4th round, and have some other young guys to work with for the 3rd TE spot. Bellinger's gonna start and away we go. Schoen never should have traded for Waller in the first place IMO, but that's neither here nor there now for the purposes of this discussion (I had to get that out there, sorry). Waller has the 5th highest cap number on this team at this time ($14,083,750). Click HERE for a link to these figures and check out the snapshot below to see the players on the NYG with the top 10 highest cap numbers:
--------------------------------------------------
If the Giants cut Waller now, in the standard fashion, it'd be considered a Pre-June 1st cut. Please note that teams can designate up to two players per offseason to cut prior to June 2nd, yet designate them as Post June 1st cuts. The catch with that would be that the cap savings from such cuts would not be added to the ledger until June 2nd. Teams usually do this if they need the money ASAP for something else, if they're really up against the cap and need the money for something else eminently or if they want to do a player a favor and give him more time to catch on somewhere else. As well know, free agency in June is somewhat of a wasteland. Click below to see Waller's Pre-June 1st cut snapshot:
The explanation of this is as follows: The Giants would gain $6,707,500 of cap savings if they cut him today. His dead money total of $7,376,250 still counting towards the cap would be off the books after the 2024 season.
Now take a look at what it would look like if they made him a Post June 1st cut:
The Giants would stand to gain $4,917,500 more in cap savings this way compared to the Pre June 1st amount. The total cap savings for a Post June 1st cut of Mr. Waller would be $11,625,000.
Part of the catch/repercussions of a Post-June 1st cut of Waller would be that the remaining dead money on the books would not be taken as medicine in one fell swoop. The remaining total of $7,376,250 would be spread out over three seasons from 2024 to 2026 at an even rate of $2,458,750 per season until Waller's contract is completely erased off the books after the conclusion of the 2026 season. That's also something to keep in mind.
The bottom line is this: Waller will turn 32 on September 13th and has three years left on his deal from 2024 to 2026. He's injury prone and over on the decline in more ways than one sadly. He's not a good investment at this point. Sounds cold, but it's the truth. The Giants have prepared and are continuing to prepare for life without him this season. that much is apparent at this point, and it will continue to be the case with rookie tryouts, UDFA signings, the draft having taken place already, the post draft free veteran free agency market, OTAs and veteran minicamp all factoring in now. He won't be on this team in 2024. It's just a matter of when and how he's purged from the roster that are the questions. If the Giants want to add a veteran free agent or two for cheap, then a Post June 1st cut would be the way to go. It'd also help them with signing their rookie draft class and give them some fudge money to navigate the cap to start the year.
P.S. Graham Gano's contract might warrant some watching going forward too, but that's a topic for another thread.
In their personal lives these dudes aren't that much different from us. I'm impressed with the leeway he's been afforded and think this should be the norm, rather than the exception.
Well put, Regulator.
But I guess they need the money for Paris Cambpell and to keep Sterling Shepard on the team?
2) He needs to commit to the team 100 percent.
Schoen's preparing for life without him, but there's still a small window for Waller to fit through for this season. It's be in a reduced role at this point though since he's demonstrated that he can't be relied upon to be on the field on a consistent basis at this point. Watch out for mid-May and the end of June to see what happens to him contract-wise and cut-wise. Keep these dates in mind:
May 9-11: Rookie minicamp
May 20-21: OTAs
May 23: OTAs
May 28-39: OTAs
May 31: OTAs
June 3-4: OTAs
June 6-7: OTAs
June 11-13: Mandatory minicamp
Link below:
NFL announces New York Giants offseason workout dates - By Kevin Hickey - 05-01-2024 • 2 min read - SportingNews.com
i think the giants are basically calling his bluff here.
if he retires on his own, there is obviously no grievance.
if he doesn't retire then eventually he has to show up and pass his physical. then they cut him.
basically the same either way (assuming no grievance).