Manning caps it off
Eli Manning has restructured his contract with the New York Giants to give the Super Bowl champions more cap room, a person familiar with the decision said Thursday. The person spoke on condition of anonymity because the team has not officially announced the quarterback’s deal. Under terms of the restructuring, the Giants will guarantee $9 million of Manning’s $10.75 million salary in 2012. The move allows the Giants to divide the guarantee over the final four years of the contract, reduces his base salary to $1.75 million and clears roughly $6.75 million in cap space. Manning (pictured right) had a career season in 2011, leading the Giants to their second Super Bowl title in five seasons. He threw for a career-high 4,933 yards. – Associated Press