Report: Giants hope to re-sign Martellus Bennett

According to Ralph Vacchiano of the New York Daily News, the Giants are hoping to re-sign both Kevin Boothe and Martellus Bennett before free agency officially opens next Tuesday.

According to a team source, they also hope to re-sign Boothe and Bennett before the market opens, though deals do not appear imminent.

How far the Giants can go to re-sign them (or replace them) depends on their actions over the next few days. After restructuring the contract of center David Baas and getting cornerback Corey Webster to agree to a $3 million cut Thursday, the Giants are believed to be about $9 million under the $123 million salary cap. About $6 million to $7 million of that will be taken up by tenders to their three restricted free agents, running back Andre Brown, safety Stevie Brown and receiver Victor Cruz.

Unless they clear more cap space, that doesn’t leave them much to operate. And if they don’t re-sign Bennett and Boothe, they would be in the market for a starting tight end and guard. They might also need a backup quarterback, with David Carr expected to sign elsewhere.

As much as I like Bennett and think he was a great addition for the Giants, you have to remember they don’t value the tight end position like other teams around the NFL and are willing to plug in a player Jake Ballard and move on.