Mathias Kiwanuka signed a three year contract extension, according to Ralph Vacchiano of the NY Daily News:
The three-year extension was worth a total of $21.75 million, according to someone who saw the full terms of the deal. It included a signing bonus of $8.5 million and $10.95 million in guaranteed money. Kiwanuka had his 2012 base salary lowered from $4 million to $950,000 and is now scheduled to make $2.95 million in 2013, $4.375 million in 2014 and $4.775 million in 2015. In all, the extension added a potential $16 million to his previous deal.
That’s a decent chunk of change for Kiwi, but deserved as he’s been willingly playing out of position like a good soldier now for years, and playing well. The Giants have an interesting LB rotation. Keith Rivers will likely be the WILL, Michael Boley the MIKE, and Kiwi is the SAM. The team also loves 2nd year guy Jacquian Williams, they recently re-signed Chase Blackburn, and they still have 2011 UFA Mark Herzlich. The Giants have more depth at LB than in recent years.
In Vacchiano’s article on Kiwi’s contract extension, it’s kind of funny… Osi Umenyiora’s name is mentioned 13 times. Kiwi’s is mentioned 6 times. Always about Osi. Obviously, Umenyiora has been asking for a new deal… for… um… well I can’t remember when he wasn’t. This signing could be a signal that the Giants are willing to move him. To me, a 3 year extension worth $21 mil is “DE money.” Perhaps the Giants are planning on using Kiwanuka as a SAM in some situations, but letting him put his hand on the ground in the opportunities that had previously been going to Umenyiora.
I’m sure the Giants would love to get a 2, but a 3 is probably a little more realistic. Osi is 30, and if you’re another team taking him on, you’re paying him like you would a free agent, since he only has one year left on his deal. I cant imagine piling a 2nd round pick on top of that, but a 3 might be worth it to someone.