Devin Singletary
Getty
Devin Singletary is coming back to the Giants.
The New York Giants were reportedly set to be active in the running back market in free agency, under the assumption veteran third-string RB Devin Singletary would be a salary-cap casualty.
Instead, the Giants decided to restructure Singletary’s contract and will retain him for his third season with Big Blue.
Singletary has had exactly 437 rushing yards in each of his first two seasons with the Giants and logged 119 carries and five rushing touchdowns in 17 games and one start in 2025. The 2026 season will be his eighth NFL season, and he will turn 29 on Sept. 3.
Devin Singletary Will Be Back With the Giants in 2026
The Giants had been linked to both high-ticket free agent running back Kenneth Walker III and draft-eligible Notre Dame RB Jeremiyah Love, the latter of whom is projected as a first-round prospect.
Yet, retaining Singletary likely takes them out of contention for both, barring a setback to budding second-year RB Cam Skattebo’s ankle injury.
According to Jordan Schultz of the Schultz Report, Singletary and the Giants restructured the deal, which Dan Duggan of The Athletic noted was likely to reduce the guaranteed money owed to Singletary.
“Singletary had a $6.5M cap hit with a $5M base salary,” Duggan posted on X (formerly Twitter). “Have to assume that $5M got reduced significantly, probably with incentives to try to earn some back.”
Devin Singletary is Likely to Be The Giants’ No. 3 Running Back and Compensated as Such
Singletary is set to enter the final season of the three-year, $16.5 million contract he signed with the Giants before the 2024 season. This was going to be the most expensive year of the deal, with the aforementioned cap hit, which the Giants could have saved $5.25 million by releasing him according to Over The Cap.
Still, reworking Singletary’s deal gives the Giants a known commodity at a fixed price, especially with Skattebo and third-year running back Tyrone Tracy Jr. set to lead New York’s backfield.
Singletary’s production has fallen off drastically since posting 1,000+ scrimmage yards in three straight seasons with the Buffalo Bills and Houston Texans (2021-23). But he still can be relied on to spell Tracy and Skattebo, be a reliable pass blocker and offer shiftiness and the ability to catch passes.
Singletary had a career low 18 receptions in 2025, but he had a career high 8.4 yards per catch last year — with much of that production coming after Skattebo’s season-ending injury against the Philadelphia Eagles in Week 8.
Regardless of how you feel about the duo of Tracy and Skattebo, the Giants being linked to Walker and/or Love never made a lot of sense.
Tracy (1,123 yards in 2024 and 1,028 yards in 2025) has shown he can both run and catch — the latter we knew since he was a wide receiver in his first four college seasons at Iowa. Plus, Skattebo (617 scrimmage yards) looks like he will be a backfield fixture either by himself or with Tracy for years to come.
So re-upping a veteran like Singletary, who by all accounts has been a great teammate and can still spell those two, makes a lot of sense, especially at a reduced cap number. That trio makes a pretty solid running-backs room, and the Giants could further bolster that depth with a late-round RB draft pick that can step in in 2027.