So in addition to the 23 unrestricted free agents they have, the New York Giants have four restricted free agents. And in advance of Tuesday's start of the free-agent market, the Giants are taking care of some business with regard to at least three of those four.
Per fitness enthusiast Eb Samuel of the New York Daily News, the Giants have decided to put a right-of-first-refusal tender of $1.431 million on linebacker Spencer Paysinger. This allows the Giants to match any offer Paysinger might get on the open market and establishes what they'll pay him if he doesn't get any. The risk is that they forfeit the right to draft-pick compensation if they lose Paysinger to another team (since they'd be making the choice to do so), but Paysinger isn't likely to draw much interest. This basically allows the Giants to budget for a guy they'd be happy to start at one of their outside linebacker spots but aren't averse to replacing if they find better options.
Earlier in the week, the Giants decided not to tender fullback Henry Hynoski or center Jim Cordle. That doesn't mean those guys are gone; simply that they can be free agents if they so choose. The Giants like fullback John Conner, and would bring back Hynoski to compete with him in camp at a very low price, but they've decided they're OK if Hynoski wants to look elsewhere. Likewise, they don't hate Cordle, but as they work on rebuilding the interior of their offensive line, they recognize him as a replaceable backup piece.
The Giants' other restricted free agent is linebacker Mark Herzlich, who likely isn't a huge priority unless they fail to re-sign Jon Beason and can't find any other options on the market at middle linebacker. We all know the Giants don't spend big on linebacker, so if they fail to sign Beason, it's unlikely they'd spend big to replace him. They might decide to give Herzlich another shot and, if he doesn't work out, find someone during the season the way they got Beason for a seventh-round pick in early October last year. But I think they'll sign Beason and it'll be moot.