Giants DB Terrell Thomas' one-year contract has a base value of $700,000, with an additional $500,000 available via incentives.
Thomas received a $630,000 base salary, $35,000 signing bonus, and $35,000 offseason workout bonus. It's quite a fall from his previously scheduled $6.75 million. The new deal leaves open the possibility that the Giants could cut Thomas before Week 1 with very little sunk cost. Thomas, 28, is trying to mimic Panthers LB Thomas Davis' return from a third career ACL reconstruction.