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Giants Cut Lavar, Pettigout, Emmons

http://sports.espn.go.com/nfl/news/story?id=2763433

I don't want to call it shocking, since these players were dealing with injury issues, but it is somewhat suprising.  I wonder if this means they have free agent targets they are especially interested in and thought they needed more room for.

The article metions that Arrington signed 7 years for $49 million last year.  Does anyone know how this affects their cap?  It doesn't mention how much of it was in signing bonus, but surely this affects their cap somehow, right?  

                                                                                                                                                                                                               

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