The Giants have discussed the possibility of trading or cutting linebacker Olivier Vernon, according to SNY.tv’s Ralph Vacchoano and NFL Network’s Mike Garafolo.
New York could consider cutting the 28-year-old Vernon, who is entering the fourth year of a five-year, $85 million contract, as a cap casualty, however the team could either bring him back at a reduced salary or trade him. A source told Vacchiano that all options are on the table.
Giants GM Dave Gettleman said earlier this week he doesn’t want to restructure contracts that would increase the Giants’ salary cap figures in the future.
Vernon earned his first Pro Bowl spot last season after he recorded seven sacks, 30 combined tackles and one forced fumble in a career-low 11 games for New York.
His contract carries $19.5 million cap hits for 2019 and 2020, according to Spotrac. If the Giants trade him, the Giants would be responsible for $8 million in dead money but would save $11.5 million. A potential team that acquires him would be responsible for his $15.25 million salary.
Vernon missed the first five games last season due to a high ankle sprain. He also missed four games in 2017 due to an ankle injury.
Since joining the Giants in 2016, Vernon has totaled 22 sacks, 131 combined tackles, four forced fumbles and one interception in 39 games.