Blake Martinez agrees to big pay cut to stay at Giants

The Giants and Blake Martinez are staying together.

The two sides agreed on a pay cut that will significantly reduce the projected $14 million salary cap cost. The Giants, who needed relief — new general manager Joe Schoen said he wants to find $40 million in cap savings — didn’t want to part ways with Martinez, but they would have if Martinez hadn’t agreed to revise his deal. He was expected to earn $8.4 million this season.

Blake Martinez
Blake Martinez and the Giants agreed to a pay cut.
Blake Martinez
Blake Martinez
USA TODAY sports

Martinez, 28, only played in three games last season when he tore his cruciate ligament in Week 3 against the Falcons. He was signed by the Giants on a three-year, $30.7 million deal and led the 2021 team of 151 players in tackles. Before that, he led the Packers in tackles for three straight years.

If the Giants had fired Martinez, it would have saved $8.5 million at the cap but cost $5.5 million. Martinez should be ready for the start of the 2022 season and is likely to have incentives built into his new contract that will allow him to recoup some of the money taken from him.

Martinez and former defensive coordinator Patrick Graham worked extremely well together last season. Graham is now with the Raiders and Martinez will get the chance to make the calls for new defensive coordinator Wink Martindale. Blake Martinez agrees to big pay cut to stay at Giants


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