Giants Lock Up JPP

Earlier today, the Giants reached a four year deal with JPP (40/62-66).  His first year cap hit is around 7M so that's 10M less that it was under the cap, and should open up an additional 10M. They will need about 5 of that for the rookie class, so if they want to re-sign Hankins, or do anything else big, they'll have to find more room. They paid Vereen's roster bonus earlier this week, so it probably won't come from cutting him.

They also reportedly came to terms with Josh Johnson and Geno Smith to compete for the backup QB role. Wouldn't be surprised if they draft one, too.