Chris Snee reportedly restructures contract with New York Giants

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With free agency drawing near, the New York Giants and guard Chris Snee have restructured his contract, lowering his 2014 salary from $7.2 million to $1.1 million plus incentives, according to ESPN’s Adam Schefter.

The $5.1 million paycut should do quite a bit to free up some more cap space for the Giants to make a splash or two during free agency.

The 32-year-old offensive lineman has been with the Giants since being selected in the second round of the 2004 NFL Draft. He has started all 138 games he has appeared in.

Snee had stated that he’d be willing to take a paycut to help the G-Men, but it came even earlier than expected, per most reports leading up to Monday.

Snee is recovering from offseason hip surgery and it is not a 100-percent lock he’ll be able to play in 2014 as a result. Still, he wanted to play with the Giants for one more season and it appears he will get that opportunity.

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