The New York Giants have traded DL Leonard Williams to Seattle for draft picks.
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00:00 The New York Giants, in need of salary cap space to get through the rest of the year,
00:04 have traded defensive lineman Leonard Williams, whose 32.26 million cap figure was not only the
00:11 highest on the team but amongst the highest in the league, to the Seattle Seahawks in exchange
00:16 for a second round draft pick in 2024 and a fifth round pick in 2025. Williams, who was acquired by
00:24 the Giants via trade back in 2019 from the New York Jets, goes to Seattle in the final year of
00:29 the three-year, $63 million contract he signed with the Giants back on March 16, 2021. The
00:36 Giants not only acquire some much-needed draft capital moving forward, but they're also expected
00:41 to gain some salary cap space after seeing their finances dwindle down to a league-low $508,243,
00:49 according to Over the Cap. As for their actual cap savings, with nine weeks remaining in the
00:56 17-game NFL schedule, the potential max savings for the Giants would be $9.529 million. However,
01:04 according to Over the Cap, the Seahawks currently have $7.68 million of cap space left,
01:10 meaning the Giants agree to absorb some of Williams' remaining $9.529 million base salary
01:16 still owed. Williams also has a voidable year in his contract that will cost the Giants $5.96
01:23 million in debt money on next year's cap.
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