EAST RUTHERFORD, N.J.-- Forget about the Giants trading star receiver Odell Beckham Jr for multiple first round draft picks in 2019, because general manager Dave Gettleman said it's not happening.
“We didn’t sign him to trade him. If that’s what you’re asking,” Gettleman said Wednesday during his year-end press conference.
Beckham signed a 5-year, $90 million contract extension in August that included a $20 million signing bonus, $65 million guaranteed, and an average annual salary of $18 million.
Beckham's cap hit, which in 2018 was a reasonable $5.459 million, jumps up to $21 million in 2019.
Mike Florio of Pro Football Talk floated the idea of a Beckham trade to the 49ers yesterday, pointing out that the team first considered contacting the Giants for Beckham last year, only for things to never get past the contemplation period.
Florio also explained that Beckham’s contract "is very tradeable, with five years and $74 million remaining on the long-term deal signed last August. The Giants would have to absorb a $16 million cap charge (a post-June 1 trade would result in $4 million this year and $12 million in 2020), and they’d have to accept the fact that they will have paid him more than $21 million for 12 games in 2018."
Even if Gettleman hadn't shot down the rumor, the likelihood of Beckham being traded in 2019 wouldn't have been practical, despite Pro Football Talk's report.
By trading Beckham, the Giants would have to absorb $16 million in dead money into their 2019 salary cap, which already has over $9 million of dead money on the books.
Were the Giants one or two players away from making a championship run, then the move would make sense; however, the Giants are in need of a major overhaul on defense as well as having to add a couple of players on the offensive side of the ball, including at least one receiver who, like Beckham, can defeat man-to-man coverage on a consistent basis.
But in case there is still any doubt as to what the Giants plan to do with the mercurial receiver, Gettleman was asked the question again: Will Beckham be a Giant in 2019?
“You heard what I said,” Gettleman said.