It came down to the wire, but the New York Giants made it happen. After weeks of meetings and talks, Daniel Jones has agreed to an extension to remain the team's quarterback for the foreseeable future.
The Giants signed Jones to a four-year deal, worth $160 million which includes $35 million in incentives, and $94 million virtually guaranteed at signing. In his new deal, Jones is slated to make $82 million over the first two years and will have a cap hit of $19 million in 2023.
WELCOME BACK DJ ‼️ pic.twitter.com/QKcd4xIibK
— New York Giants (@Giants) March 8, 2023
Giants general manager Joe Schoen worked tirelessly with Daniel Jones' reps to get this deal done, as this shows the organization's full support for Jones as their franchise quarterback. With Jones being extended, the team placed the franchise tag on star running back Saquon Barkley at 3:58 pm, beating the 4 pm deadline to place the tag on players, which was expected. Under the franchise tag, Barkley will make $10.1 million in 2023.
We have placed the non-exclusive franchise tag on Saquon Barkley
Details: https://t.co/msYaPp2Ynh pic.twitter.com/F1rNECuAe7
— New York Giants (@Giants) March 7, 2023
Using the franchise tag on Barkley is a placeholder and gives both sides more time to work out a long-term deal, keeping him away from interested teams via the open free-agent market for one more season. Both sides will continue to work towards a long-term deal and are optimistic it will come sooner rather than later.
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