Report: Giants free up $6.3M on Daniel Jones restructure

(Photo credit: Ed Mulholland-USA TODAY Sports)
The New York Giants restructured the contract of quarterback Daniel Jones, freeing up $6.315 million in cap space, ESPN reported Monday.

The Giants converted $8.42 million of his base salary into a signing bonus, per the report. Jones will now play under a base salary of $1.08 million this season.

He signed a four-year, $160 million contract in March.

Jones, 26, had a brea