Truth & Rumors > NFL

Kiwanuka restructures deal with Giants

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03:45 PM ET 02.25 | Linebacker Mathias Kiwanuka has restructured his contract with the New York Giants. Kiwanuka was set to make $2.95 million in 2013, but the new deal will pay him $1.45 million next season. The remaining $1.5 million will be converted into a bonus, for salary cap purposes, and prorated over the length of the contract, which runs through 2015. The deal will save the Giants $1 million in salary cap space next season.

New York Daily News

, Mark L. Baer-US PRESSWIRE Mark L. Baer-US PRESSWIRE
February 25, 2013  04:24 PM ET

He saw Canty walk out the door and got smart.

February 25, 2013  06:34 PM ET

Good For You KIWI!!

 
February 26, 2013  08:20 AM ET

His agent explained to him that by deferring the bonus over the next three years he will save money in taxes and even though they didn't pay him more he'll have more in his pocket. AND...he saw Canty go.

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