FRIDAY, 6:17pm: Miles’ deal is for one year and worth $745K, Jordan Raanan of the New York Daily News reports. There is no guaranteed money in this team-friendly agreement, and should Miles head to injured reserve, IR salary language that would pay Miles a $413K split or a smaller lower settlement exists in the contract.
WEDNESDAY, 9:56am: Miles will sign a one-year contract with the Giants later today, a source confirms to Aaron Wilson of the Baltimore Sun (Twitter link).
WEDNESDAY, 9:10am: Having lost their top three safeties from the 2014 season, the Giants continue to explore ways to replace that production, and their search has led them to a former Raven, according to Adam Caplan of ESPN.com. Caplan reports (via Twitter) that New York is expected to sign ex-Baltimore safety Jeromy Miles to a contract.
Miles, who turns 28 next week, began his career with the Bengals before joining the Ravens in 2013. Having played mostly on special teams during his first few seasons in the league, Miles saw 365 defensive snaps in 2014 and held his own, making 34 tackles, grabbing an interception, and forcing a pair of fumbles.
Antrel Rolle, Stevie Brown, Quintin Demps all left the Giants in free agency this offseason, leaving a significant hole at the safety position. The team opted not to address that hole in free agency, using a second-round pick on Landon Collins and experimenting with cornerbacks at the safety spot. Assuming Miles officially puts pen to paper and joins the Giants, he should provide the club more depth at the position, and will likely have the opportunity to earn regular playing time.