The New York Giants have asked 29-year-old wide receiver Sterling Shepard to take a significant pay cut according to the New York Post.
Shepard tore his Achilles in Week 15 of last season against the Dallas Cowboys and his availability for the 2022 season is up in the air.
The wideout is carrying a salary cap hit of $12,495,000 heading into next season, and the Giants are clearly looking to gain more cap space this offseason.
SNY’s Ralph Vacchiano reports that Shepard could be asked to take something closer to the league minimum, which would clear $7M in cap space, and he expects the Giants to cut him if he declines the pay cut.
Bully move by the Giants, and they’ve clearly done nothing and have been a bad organization for the last five seasons.
In April of 2019, Sterling signed a four-year $41,000,000 contract extension with New York that had a $10,000,000 signing bonus.
In September of last year, he converted $5.985M of his 2021 salary into bonus, clearing $3.99M of cap space for the Giants.
If he’s ultimately let go by New York, hopefully Shepard can find an organization that has some respect for their players.
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