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Reports: Giants’ Jenkins accepts pay cut
New York Giants defensive tackle Cullen Jenkins has agreed to a pay cut of more than $1 million to return to the Giants in 2015, multiple media outlets reported Sunday.
Jenkins, 34, was limited to 12 games in 2014 because of a calf injury, and there were reports that his salary and age might lead to him being waived. But he agreed to have his salary reduced from $2.2 million to $1 million. The move reportedly saves $825,000 in cap space.
Jenkins was scheduled to count $2,916,668 against the 2015 salary cap. His charge will now be 2,091,668.
Jenkins has been a starter for the Giants the past two seasons when he’s healthy. He had five sacks in 16 games in 2013 but had just one sack in 2014.
He joined the Giants in 2013, signing a three-year, $8 million deal in guaranteed money.
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