Giants and Devin Singletary agree to restructured deal, source confirms
Devin Singletary of the Giants runs with the ball during the second half against the Dallas Cowboys at MetLife Stadium on Jan. 4, 2025. Credit: Jim McIsaac
The Giants and running back Devin Singletary agreed to a restructured contract, a league source confirmed to Newsday on Friday.
Singletary was set to make $6.5 million this season, the last of a three-year-deal he signed in 2024. Had the Giants waived him, it would have opened up $5.3 million in cap space on the heels of releasing linebacker Bobby Okereke earlier this week. Instead, Singletary will take a pay cut with added incentives.
Singletary ran for 437 yards and five touchdowns last season, both second on the team, and also caught 18 passes for 151 yards. He also filled in on kick return duty and had 313 yards on 12 returns.
The move keeps the Giants’ three-back stable with Tyrone Tracy Jr. and Cam Skattebo expected to have lead roles. Skattebo is expected to be healthy by the start of the offseason program on April 6 after a season-ending ankle injury in Week 8.
Coach John Harbaugh’s teams when he coached the Ravens were run-oriented, so it’s not surprising he’d favor more depth at the position. The Giants had rumored interest in Super Bowl MVP Kenneth Walker III, who the Seahawks declined to use their franchise tag on.
Walker will be a free agent next week although it’s difficult to imagine the Giants keeping four running backs. However, Singletary’s restructured deal also could make it easier to trade him if the team keeps their options open.
For now, Singletary is still a Giant and the team enters free agency with more financial flexibility.
Evan Barnes covers the Giants for Newsday. He previously covered the Brooklyn Nets, Memphis football and the Memphis Grizzlies and also covered prep sports in Los Angeles.
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