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Giants now hold two top-10 picks in April's draft, clearing **$22.5M** in cap space and restarting the quarterback timeline.
27
signed a four-year
$90 million
extension in March 2023 that runs through 2027
$60 million
guaranteed and includes escalators tied to All-Pro selections
$15 million
in dead cap in 2026
The New York Giants traded defensive tackle Dexter Lawrence in a deal that delivered a second top-10 selection in the 2026 NFL Draft, scheduled for Pittsburgh. The franchise now enters April with two picks inside the first ten slots, the first time a Giants front office has controlled that pairing since the draft moved to its current format.
Lawrence, 27, signed a four-year, $90 million extension in March 2023 that runs through 2027. The contract carries $60 million guaranteed and includes escalators tied to All-Pro selections. He earned his second consecutive Pro Bowl nod in January. The receiving team absorbs $15 million in dead cap in 2026, $8 million in 2027. New York clears $22.5 million in 2026 cap space immediately.
The trade arrives eleven weeks before the draft and six weeks before the April 15 roster bonus deadline that would have triggered another $5 million in guarantees. General manager Joe Schoen joined the organization in January 2022 with a mandate to reduce legacy commitments and reload the talent base. Lawrence was the only Giants defensive player to log more than 85% of defensive snaps in each of the past three seasons. His departure leaves edge rusher Kayvon Thibodeaux as the highest-paid defender on the roster at $6.8 million annually.
Two top-10 picks create optionality that alters sponsor and broadcast negotiation posture. The Giants host the draft in 2027 at MetLife Stadium, a selection finalized in November. League sources expect the team to use Pittsburgh as a warmup for that event, with front-office personnel already scheduled to attend pre-draft logistics meetings in Pennsylvania. The twin selections also compress the timeline for head coach Brian Daboll, who enters Year Four without a franchise quarterback. New York finished 3-14 in 2025, tied for the league's worst record.
The draft capital gives Schoen leverage in trade-up scenarios or the ability to address multiple positional deficits without midround maneuvering. Clubs holding two top-10 picks since 2010 have used at least one selection on a quarterback in 73% of cases. The Giants have not drafted a quarterback in the first round since Daniel Jones at No. 6 in 2019. Jones was released in November 2025 after clearing waivers.
What to watch: The April 15 roster bonus deadline for remaining Giants veterans, which will clarify how much additional cap space Schoen intends to create. Coordinator hires are expected by mid-February, with defensive coordinator interviews already underway. The combine in Indianapolis begins February 27, where New York's two-pick setup will dominate private meeting traffic. Mock drafts published before the Lawrence trade had the Giants selecting offensive tackle at No. 3; that calculus now shifts to quarterback-tackle permutations or a trade-down scenario with a quarterback-needy club selecting at No. 5 or below.
The Giants have not selected in the top five in consecutive years since 1980-1981, when they took linebacker Lawrence Taylor at No. 2 overall. Taylor's Hall of Fame induction came in 1999. Lawrence's trade partner and the exact pick position have not been disclosed, though league insiders expect clarity before the combine.
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