Giants' Shane Vereen: Accepts pay cut to stay with Giants

Vereen (triceps) agreed to reduce his 2017 base salary from $3.15 million to $2.15 million, NJ.com reports.

Analysis:

With Vereen coming off a season-ending triceps tear while entering the final year of his contract, there was some question if the Giants intended to keep him around. The question was answered when the team paid him a $500,000 roster bonus March 13 -- likely doing so with the understanding that Vereen would eventually accept a reduction in his base salary. The Giants did recently sign Shaun Draughn, who has done his best work on passing downs in recent years. Draughn is probably an insurance policy more so than legitimate competition, but it's something to keep an eye on in training camp. Paul Perkins currently slots in as the lead back, with Vereen likely handling most of the work on obvious passing downs, assuming his triceps heals as expected. The Giants could still add another running back during the upcoming draft, but such a move would probably be more of a concern for Perkins than for Vereen.