All the speculation surrounding Darnay Holmes has officially come to a close. Throughout the summer, plenty of NY Giants fans thought that the veteran slot cornerback would be released to create some needed cap space for Joe Schoen.
In the end, Schoen will get a little more money to work with, but Holmes won't be going anywhere. What? According to insider Dan Duggan, Holmes has agreed to come back to the Giants this season on a paycut. Chalk this up as another smart move for Schoen and the front office.
CB Darnay Holmes is taking a pay cut to remain with the Giants, per source.
— Dan Duggan (@DDuggan21) August 28, 2023
NY Giants CB Darnay Holmes has agreed to a paycut to stay with the team
The details of Holmes' new deal with the Giants are yet to be reported. However, the Giants won't be facing the $2.9 million cap hit he was supposed to be on the books for this campaign. Holmes was ready to be in a battle for a starting job this summer, but that didn't end up happening.
With the emergence of sixth-round pick Tre Hawkins III on the other side of the field of first-rounder Deonte Banks, this opened the door for Adoree' Jackson to move to the slot. Defensive coordinator Wink Martindale made it clear that the best three guys would be out on the field at CB.
Holmes ended up seeing work with the third-string defense at times, which no one expected. As Duggan noted, bringing Holmes back gives the Giants defense some flexibility in case Jackson needs to move back to his old position. Wink sure is expecting a lot out of two rookies on the outside.
With there being a high chance that Holmes would get cut, he took a different route and has taken less money to be back with Big Blue for '23. As soon as we find out the full details on Holmes' paycut, something tells us it will make things even sweeter for the front office.
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