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New York Giants 2021 free agency outlook

The Giants head into 2021 free agency coming off an X-X season. We break down their free agents, cap space, and more.

NFL: New York Giants at Los Angeles Rams Gary A. Vasquez-USA TODAY Sports

The New York Giants came pretty close to making the playoffs this season, despite a 6-10 record. Such is the state of the NFC East. But they didn’t, and now the team has some time to start thinking about free agent decisions ahead of the new league year. The team has a long list of players ticketed for free agency this year, but not a lot of cap room to work with.

Lost revenue due to COVID-19 will impact every team, but with so many free agents the likely drop in the league wide salary cap number could make things difficult. The 2020 number was around $198 million, while the 2021 number could drop to $176 to $180 million, according to Over The Cap, but is subject to change.

Franchise/Transition Tag possibilities

The most notable name on the list is defensive lineman Leonard Williams. Acquired via trade with the Jets during the 2019 season, the Giants used the franchise tag to hang onto him in 2020, a one-year deal worth more than $16 million. He had 11.5 sacks this season, a career high. It would be good for the Giants to hang onto Williams, but he’ll command a hefty sum in free agency. It would still be more cap friendly for the team to re-sign him to a market-value deal than to tag him a second time.

Defensive tackle Dalvin Tomlinson, a second-round pick from 2017, is scheduled for free agency as well. He had 3.5 sacks in each of his last two seasons, but his real value is as the anchor on the defensive line. It might be difficult for the Giants to hang onto both Williams and Tomlinson.

Salary cap

Estimated 2021 cap space: ($3,373,297)

2021 transactions

Free agent signings


Free agent departures




Notable unrestricted free agents

* Denotes Restricted Free Agent (RFA)

Giants 2021 Free Agents

Pos. Player 2020 Team 2021 Team
Pos. Player 2020 Team 2021 Team
QB Colt McCoy Giants
RB Wayne Gallman Giants
RB Dion Lewis Giants
RB Alfred Morris Giants
WR C.J. Board* Giants
C Spencer Pulley Giants
RT Cameron Fleming Giants
EDGE Kyler Fackrell Giants
EDGE Jabaal Sheard Giants
IDL Leonard Williams Giants
IDL Dalvin Tomlinson Giants
IDL Austin Johnson Giants
LB Devante Downs* Giants
S Adrian Colbert Giants
S Nate Ebner Giants