Former New York Giants safety Logan Ryan Chris Pedota, NorthJersey.com / USA TODAY NETWORK

Buccaneers safety Logan Ryan files grievance against Giants

By Zac Wassink | Last updated 4/22/22

Veteran cornerback-turned-safety Logan Ryan spent the past two NFL seasons with the New York Giants and even put pen to paper on a three-year extension with the club in December 2020. However, the two sides parted ways last month when the Giants elected to go in a different direction defensively.

Ryan ultimately signed with the Tampa Bay Buccaneers "to win a championship," but it appears his departure from New York wasn't as amicable as some first thought.

According to Jordan Raanan of ESPN, Ryan has filed a grievance against the Giants regarding guaranteed money. The Athletic's Dan Duggan offered more information:

Logan Ryan has filed a grievance against the Giants, per sources.

Ryan, who was released on March 17, had $5.5M of his 2022 salary fully guaranteed, while $8.5M of his salary was guaranteed for injury. Ryan’s grievance regards the $3M difference.
— Dan Duggan (@DDuggan21) April 22, 2022

From what I gather, Ryan had postseason finger surgery. So the dispute is based on if he’s entitled to the full $8.5M because he was released after surgery.

While the sides await a resolution, 40% of the disputed amount counts on the cap. So that’s $1.2M currently unavailable.
— Dan Duggan (@DDuggan21) April 22, 2022

As Raanan wrote, the Giants saved slightly under $800,000 against the salary cap by cutting Ryan. General manager Joe Schoen, who was hired for that role in January and, thus, never signed Ryan, said that releasing the 31-year-old was the "best decision for the New York Giants."

Duggan added:

When Schoen said the timing of the Adoree' Jackson restructure was due to "some things that occurred," presumably he was referencing Ryan's grievance. The Giants had less than $1.2M in cap space at the time the grievance was filed.
— Dan Duggan (@DDuggan21) April 22, 2022

Once they decided to restructure Jackson, it made sense to do the maximum amount since they're going to need more cap space eventually. The restructure created $6M in cap savings.
— Dan Duggan (@DDuggan21) April 22, 2022

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