Joe Schön said last week that the Giants will have to take some steps

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to make up for the salary cap space for the coming season.

ESPN's Field Yates reports that the team has also renegotiated 

the contract of defensive lineman Leonard Williams.

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He converted $17.88 million of his salary into a signing bonus

for the 2022 season. The move creates $11.92 million in the cap space.

The Giants also added a zero year to Williams'

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agreement to hit the remaining cap longer.

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Williams signed a three-year deal with the Giants last year

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and has a non-guaranteed $18 million basic salary next year.