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The "Shutdown Countdown" is chugging along. In addition to previewing each team, "Shutdown Corner" will be taking a brief look at each team's salary cap situation heading into the 2013 season and beyond. We continue the series with the New York Giants. 2013 Adjusted Cap Number : $123.587 million (8th-lowest in the NFL this season 2013 Cap Room Remaining : $3.658 million (7th-lowest remaining cap room in the NFL, as of July 23) The Giants still have to sign first-round pick Justin Pugh and fourth-round quarterback Ryan Nassib. Once those rookie deals are done, the Giants will have about $2.5 million in cap space, which would put the Giants in the bottom five in the NFL. Best Bargain : Well, Victor Cruz would probably tell you that he's the best bargain on the Giants, but we're going to go with defensive end Jason Pierre-Paul. The 2010 first-round pick out of South Florida is scheduled to earn $1.175 million in base salary (and $1.25 million in cash) in 2013, putting him outside the Top 50 in cash compensation among current defensive end contracts. Pierre-Paul is coming off back-to-back Pro Bowl seasons and has 27.5 sacks over the last three seasons. Pierre-Paul led the Giants with 6.5 sacks and 13 tackles for a loss last season and, according to the Football Outsiders Almanac 2013, Pierre-Paul had 24.5 quarterback hurries, the most on the Giants, and was tied for the league lead with nine holding penalties drawn last season. It is also worth noting that six of the holding penalties that Pierre-Paul drew last season were on running plays. Potential Camp Cap Casualty : The Giants cut Ahmad Bradshaw, Michael Boley and Chris Canty, and several players (Corey Webster, David Baas, David Diehl, Mathias Kiwanuka) have renegotiated their contracts to create cap space. Veterans Chris Snee and Antrel Rolle will make $14 million in cash and are taking up $20.25 million in cap space this season, which might be numbers the Giants seek to reduce before the regular season. However, with both players in key roles and over 30 years old, the Giants might not want to kick the can down the road with those contracts just to create short-term cap space.
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