PDA

View Full Version : Barber reduces salary cap value by $1.5 million



The_Philster
03-30-2003, 01:15 PM
Over the past few seasons Tiki Barber has inarguably been the New York Giants' most valuable player on offense and now, it appears, the star tailback has become a go-to guy off the field as well.

For a second consecutive year, ESPN.com has learned, Barber has reworked the six-year contract that he originally signed with the Giants in the spring of '01, to help create salary cap wiggle room. Just as he did last spring, Barber completed a so-called "simple restructuring" for the coming season, and the move reduced his 2003 salary cap value by $1.5 million.

While the bookkeeping maneuver didn't cost Barber any compensation that was due him in 2003, its significance is reflected in the club's current salary cap status, with the Giants only $821,406 under the league spending limit of $75 million, according to NFL Players Association documents....

more (http://espn.go.com/nfl/columns/pasquarelli_len/1531409.html)