Mathias Kiwanuka restructure saves Giants $1 million under cap

The Giants started the process of creating cap space this month by releasing several veteran players and it continued with a restructuring of linebacker Mathias Kiwanuka’s contract. Jenny Vrentas of the Newark Star-Ledger reports that the team has gained $1 million in cap space for 2013 by converting $1.5 million of Kiwanuka’s guaranteed salary for…