Eli Manning restructures contract

Doomsday101

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One of the Manning quarterback brothers has already struck a deal this offseason.

While Peyton Manning seeks a new employer, his younger brother, Eli Manning, has restructured his current deal to create $6.75 million in salary-cap room for the Super Bowl champion New York Giants.

A league source confirmed to Scout that Manning's base salary is now down to $1.75 million as the Giants have converted $9 million of his previous $10.75 million base salary for 2012 into a signing bonus.

He was initially scheduled to carry a $16.35 million salary-cap figure, and it's down to $9.6 million

http://profootball.scout.com/a.z?s=127&p=9&c=2&cid=1165650&nid=6164741&fhn=1
 

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