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Giants Make Decision on Deonte Banks’ Option Year

New York Giants On SI·Patricia Traina·about 1 month ago
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As anticipated, the New York Giants have declined the option year on cornerback Deonte Banks’s rookie deal, meaning that the former Maryland defender, whom the team drafted in 2023, will be an unrestricted free agent after this season. The decision will save New York $12.633 million on its 2027 cap, the lowest amount Banks could have earned based on his draft slot alone. The Giants traded up one spot in the first round of the 2023 draft to secure Banks, the last of the top cornerbacks on the draft board at the time. The trade included an exchange of first-round picks between the Giants, who originally held spot 25 in the order, and the Jacksonville Jaguars, who held spot 24. New York also gave up a 2023 fifth-round pick (No. 160) and a seventh-round pick (No. 240) to secure Banks. Banks had his best season as a rookie playing in defensive coordinator Wink Martindale’s man-coverage defensive scheme.…

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