Giants Sign Riley Dixon to a Contract Extension

Why the timing was right and what's the effect on the salary cap?

Patricia Traina | Dec 9, 2019

Giants Sign Riley Dixon to a Contract Extension /

The Giants signed punter Riley Dixon, who is having the best year of his career, to a three-year contract extension worth $8.7 million.

Dixon was to earn a $720,000 base salary this year. The specific breakdown of Dixon's deal weren't immediately available. Still, Dixon will see one-third of whatever his signing bonus is this year since the signing bonuses take effect as soon as the contract is signed.

So let's say, for example, Dixon's signing bonus was $1.25 million (that number based on Steelers punter Jordan Berry's contract, which is similar number wise to Dixon's new deal.

If that were the case, Dixon would only cost the Giants, who per the NFLPA public cap report are listed with $1,007,815 in cap space, an additional $375,000 in "new money" against their 2019 cap, making him a low-cost signing and making the timing of the deal calculated.

Published Dec 9, 2019

PATRICIA TRAINA

Patricia Traina has covered the New York Giants for over 30 seasons for multiple media outlets, including Inside Football, Fan Sided, SB Nation, The Athletic, Forbes, and the Fan Nation Network (part of Sports Illustrated). In addition to being a credentialed member of the New York Giants press corps, Patricia has covered five Super Bowls (three featuring the Giants), the annual NFL draft, and the NFL Scouting Combine. Patricia’s late father was a long-time New York Giants season ticket holder who helped instill her love and appreciation of the game and the franchise at a very early age. She was able to parlay that knowledge of Giants franchise history into her first published work, The Big 50: The Men and Moments that Made the New York Giants (Triumph Books, September 2020). She has enhanced her knowledge of the game by completing two semesters with the Scouting Academy and taking a course in NFL salary cap management. In addition to her work with Giants Country, Patricia is the host of the very successful LockedOn Giants podcast (also available on YouTube), featuring analysis, interviews, and Giants fan interaction. Patricia is a member of the Pro Football Writers of America and the Football Writers Association of America and has participated in the mentoring of aspiring journalists. Patricia holds a Bachelor’s degree in English literature (with a minor in creative writing) and a Master’s degree in Corporate Communication. She is a certified resume development specialist (corporate, military transition, and federal) and interview coach who enjoys music and creating fan art featuring her favorite bands.