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Giants Declining RB Jonathan Stewart’s 2019 Option

Dan Duggan of the Athletic reports that the Giants will not be exercising their option on veteran RB Jonathan Stewart

Duggan notes that Stewart would have carried a cap hit of $2.775 million in 2019, but declining his option won’t result in any dead money for the Giants, who will pick up a $250,000 cap credit.

Stewart, 31, is a former first-round pick of the Panthers back in 2008. He was in the final year of his six-year, $37.811 million contract when he signed a two-year, $8 million deal that included $1.1 million guaranteed with the Panthers last year.

Stewart was set to make a base salary of $1.9 million for the 2018 season when the Panthers released him in March. The Giants later signed him to a two-year, $6.9 million deal.

Stewart was set to make base salaries of $1.4 million and $2.35 million over the next two years. 

In 2018, Stewart appeared in three games for the Giants and rushed for 17 yards on six carries (2.8 YPC) and no touchdowns.

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