Giants QB Daniel Jones’ Asking Price Reached $47MM Per Year
The final part of the Giants’ long-running Daniel Jones–Saquon Barkley retention plan is still going, with the team remaining in talks with the Pro Bowl running back ahead of the July 17 franchise tag deadline. But the earlier discussions were more complex in nature.
Not only did the Giants need to find a way to keep both Jones and Barkley off the 2023 market, but they were negotiating with a quarterback with an uncertain price tag. Injuries and inconsistency during Jones’ first three years led the Giants to pass on his fifth-year option in 2022. The former No. 6 overall pick ended up navigating his contract year well, piloting Big Blue to the playoffs and setting himself up for a big payday.
Jones became the first quarterback to sign an extension with the team that declined his fifth-year option, and while the final numbers checked in far higher than anyone would have expected at this point last year, the four-year Giants starter is believed to have asked for a monster contract. As negotiations commenced, Jones’ camp sought a $47MM-per-year extension, Dan Duggan of The Athletic notes (subscription required).
That number is higher than what we heard leading up to his deal. A February report indicated that Jones, after changing agents, was gunning for a $45MM-AAV extension. It turned out the Giants needed to move their quarterback down from a number that would have at the time made him the third-highest-paid QB — per average salary — in the NFL. Jones’ ask would have placed him in front of Kyler Murray and Deshaun Watson‘s AAVs. Subsequent extensions for Lamar Jackson and Jalen Hurts have raised the market to $52MM per year, but when the Giants hammered out their Jones deal, only Aaron Rodgers was past $50MM. And Rodgers’ 2022 deal turned out to be a uniquely structured pact that produced a trade.
The Giants ended up reaching a happy medium with Jones, giving him the same overall terms — four years, $160MM — Dak Prescott and Matthew Stafford reached with their respective teams in the previous two offseasons. Prescott also did better than Jones on the guarantee front, securing $95MM fully guaranteed at the same offseason juncture Jones ($81MM locked in) scored his payday. Prescott possessed leverage of a whopping cap number — from a second franchise tag — hitting the Cowboys’ books in 2021. Jones, however, enjoyed negotiating weapons of an imminent free agency trip and the prospect of the Giants losing Barkley. New York found a way to retain both players, but Barkley is less than two weeks from being tied to the $10.1MM running back tag this season. The Giants were planning to tag Jones — at $32.4MM — had no deal been struck in March.
Jones, 26, managing to parlay a 15-touchdown pass season into a $40MM-per-year windfall may go down as one of the better negotiating coups in recent memory, but the Duke product was targeting a bottom-tier pass-catching corps that had sustained injuries and lost Kadarius Toney via trade (after the 2021 first-rounder missed most of the Giants portion of his season with injury). Jones offered an efficient passing performance to lift the Giants past the Vikings in the wild-card round, adding 78 rushing yards in that game. This followed a career year on the ground for Jones as well; he finished with 708 rushing yards to further aid the Giants’ shorthanded offense.
While the Jones deal has been scrutinized, the Giants can also escape it with fairly minimal damage by 2025. Should Jones’ 2022 season prove fluky, the Giants can move on by making the QB a post-June 1 cut in 2025 and absorb an $18MM dead-money hit. All parties will hope this agreement ends better, as the Giants are committed to the Dave Gettleman-era draftee for at least two seasons.
Optimism Exists Giants, Saquon Barkley Will Reach Extension Agreement
Less than two weeks now remain until the deadline for franchise-tagged players to sign extensions. Barring an agreement by 3pm CT on July 17, Saquon Barkley will be back in a contract year.
The Giants have their five-year starting running back tied to a $10.1MM franchise tag salary. Not coming to an agreement soon would force the injury-prone Barkley to prove himself yet again and miss out on using an upcoming age-26 season as a negotiating point. Conversely, the Giants reaching a deal would drop Barkley’s 2023 cap number and put a key matter to rest with their most popular player.
Barkley has voiced issues with the news coming out of his extension talks, but the latest offering provides some hope a resolution is near. Some level of optimism exists this process will end in a deal, ESPN.com’s Jeremy Fowler said during a SportsCenter appearance (h/t Giants Wire’s John Fennelly). Giants ownership also still views Barkley as a “centerpiece-type player” for the team, Fowler adds. That might be a key component of these long-running negotiations, which started last November.
The Joe Schoen–Brian Daboll regime inherited Barkley, whom Dave Gettleman drafted second overall in 2018. John Mara and Steve Tisch, of course, were present when Barkley emerged from Penn State as one of the best running back prospects in modern NFL history. The 2018 Offensive Rookie of the Year, Barkley has been the face of the Giants’ franchise since Eli Manning retired. Although injuries have intervened, the New Jersey native bounced back last season to lead a shorthanded offense to the playoffs. That effort led to a Daniel Jones $40MM-per-year extension and Barkley being kept off the market via the tag, leading to some acrimony.
Barkley’s 1,650 scrimmage yards last season did not top his rookie-year mark (2,028), but only Tiki Barber and Joe Morris have topped the 2022 number in team history. While the Giants have added key pieces at tight end (Darren Waller) and wide receiver this offseason, Barkley will still serve as the team’s skill-position anchor — with or without an extension — this season.
Barkley’s options are limited if he cannot come to an agreement by July 17. He referenced Le’Veon Bell‘s skipped 2018 season, and a recent report indicated the veteran back could stay away from training camp. But come Week 1, Barkley would see missed game checks begin to pile up. This is probably a bigger issue for Josh Jacobs and Tony Pollard, considering Barkley’s nearly $40MM earned as a pro, and the Raiders back looks to be using the threat of missed games in his negotiation. It would still surprise if Barkley were not with the team by Week 1, but it is certainly understandable he would use every weapon at his disposal as talks transpire during a bleak offseason for running backs.
These Giants-Barkley talks have hinged on guarantees, and Fowler adds the two-time Pro Bowler wants a better contract structure. The two offers Barkley turned down — of them being north of $13MM per year — were not believed to have presented strong guarantees. Besides Bijan Robinson‘s $21MM-plus in guarantees at the No. 8 draft slot, only Christian McCaffrey ($30.1MM) and Derrick Henry ($25.5MM) are tied to deals including more than $20MM locked in. With a 2024 Barkley tag price checking in at $12.12MM, the dual-threat back almost definitely wants at least a $22MM guarantee to cover the two tags.
The Henry deal led to a second rushing title and a strong 2022 season, while McCaffrey played a lead role in the 49ers’ 12-game win streak. Injuries intervened for both on their second contracts, and Barkley missed chunks of the 2019-21 seasons due to maladies (most notably a torn ACL in 2020). Barkley’s injury history has undoubtedly come up during extension talks, but he stayed healthy last year. How the Giants proceed here will be a key chapter in one of the most eventful offseasons at the running back position.
The NFL’s Longest-Tenured Head Coaches
After the 2022 offseason produced 10 new head coaches, this one brought a step back in terms of turnover. Five teams changed HCs, though each conducted thorough searches — four of them lasting until at least January 31.
The Colts and Cardinals hired their HCs after Super Bowl LVII, plucking the Eagles’ offensive and defensive coordinators (Shane Steichen, Jonathan Gannon). The Cardinals were hit with a tampering penalty regarding their Gannon search. Conducting their second HC search in two years, the Broncos saw multiple candidates drop out of the running. But Denver’s new ownership group convinced Sean Payton to step out of the FOX studio and back onto the sidelines after just one season away. The Panthers made this year’s first hire (Frank Reich), while the Texans — running their third HC search in three years — finalized an agreement with DeMeco Ryans minutes after the Payton news broke.
Only one of last year’s top 10 longest-tenured HCs lost his job. A turbulent Colts year led to Reich being fired barely a year after he signed an extension. During a rather eventful stretch, Jim Irsay said he reluctantly extended Reich in 2021. The Colts passed on giving interim HC Jeff Saturday the full-time position, despite Irsay previously indicating he hoped the former center would transition to that role. Reich landed on his feet, and after losing Andrew Luck to a shocking retirement just before his second Colts season, the well-regarded play-caller now has another No. 1 pick (Bryce Young) to mentor.
After considering a Rams exit, Sean McVay recommitted to the team and is overseeing a reshaped roster. Andy Reid also sidestepped retirement rumors, staying on with the Chiefs after his second Super Bowl win. This will be Reid’s 25th season as an NFL head coach.
Here is how the 32 HC jobs look for the 2023 season:
- Bill Belichick (New England Patriots): January 27, 2000
- Mike Tomlin (Pittsburgh Steelers): January 27, 2007; extended through 2024
- John Harbaugh (Baltimore Ravens): January 19, 2008; extended through 2025
- Pete Carroll (Seattle Seahawks): January 9, 2010; extended through 2025
- Andy Reid (Kansas City Chiefs): January 4, 2013; extended through 2025
- Sean McDermott (Buffalo Bills): January 11, 2017; extended through 2027
- Sean McVay (Los Angeles Rams): January 12, 2017; extended through 2023
- Kyle Shanahan (San Francisco 49ers): February 6, 2017; extended through 2025
- Mike Vrabel (Tennessee Titans): January 20, 2018; signed extension in February 2022
- Matt LaFleur (Green Bay Packers): January 8, 2019: signed extension in July 2022
- Zac Taylor (Cincinnati Bengals): February 4, 2019; extended through 2026
- Ron Rivera (Washington Commanders): January 1, 2020
- Mike McCarthy (Dallas Cowboys): January 7, 2020
- Kevin Stefanski (Cleveland Browns): January 13, 2020
- Robert Saleh (New York Jets): January 15, 2021
- Arthur Smith (Atlanta Falcons): January 15, 2021
- Brandon Staley (Los Angeles Chargers): January 17, 2021
- Dan Campbell (Detroit Lions): January 20, 2021
- Nick Sirianni (Philadelphia Eagles): January 21, 2021
- Matt Eberflus (Chicago Bears): January 27, 2022
- Brian Daboll (New York Giants): January 28, 2022
- Josh McDaniels (Las Vegas Raiders): January 30, 2022
- Kevin O’Connell (Minnesota Vikings): February 2, 2022
- Doug Pederson (Jacksonville Jaguars): February 3, 2022
- Mike McDaniel (Miami Dolphins): February 6, 2022
- Dennis Allen (New Orleans Saints): February 7, 2022
- Todd Bowles (Tampa Bay Buccaneers): March 30, 2022
- Frank Reich (Carolina Panthers): January 26, 2023
- Sean Payton (Denver Broncos): January 31, 2023
- DeMeco Ryans (Houston Texans): January 31, 2023
- Shane Steichen (Indianapolis Colts): February 14, 2023
- Jonathan Gannon (Arizona Cardinals): February 14, 2023
Latest On Giants’ Slot CB Competition
Earlier this offseason, it appeared the Giants were prepared to try Cor’Dale Flott as a perimeter corner, despite his experience coming from the slot. A change to that approach has taken place, which could affect more than just the second-year pro. 
Flott shared first-team snaps at the slot corner position with Darnay Holmes during spring practices, as detailed by Dan Duggan of The Athletic (subscription required). The up-and-down nature of the latter’s career to date has seen him play between 37% and 59% of defensive snaps across his three years in the league, the majority of which have come in the slot.
The former fourth-rounder’s clearest path to retaining the starting slot role likely would have been Flott earning a full-time gig as a boundary corner. The fact that he is slated to once again play on the inside, however, could leave Holmes in danger of failing to make the roster at his current cost. Entering the final year of his rookie contract, the UCLA product is set carry a cap hit of $2.9MM this season, and the Giants (who hold the fourth-least cap space at the moment) would see $2.7MM in savings by cutting or trading him.
In light of that, along with the fact that he was drafted by the current front office led by GM Joe Schoen, Duggan names Flott as the likely favorite to win out the starting role on the inside. The third-rounder made 11 appearances (six starts) as a rookie, totaling 26 tackles, two pass breakups and a forced fumble. An expanded workload could yield an uptick in production, something which would in turn help a Giants secondary which ranked middle of the pack against the pass in 2022.
Training camp and the preseason will, of course, offer a clearer outlook of the Giants’ plans with Flott and Holmes. Given the financial downside to retaining the latter, it will be worth watching how the team continues to split usage rates between the two heading into their final roster decisions.
Giants Starting S Job “Wide Open”
The Giants ran through most of last year with a strong safety duo of Julian Love and Xavier McKinney. With Love departing in free agency to Seattle, the starting job next to McKinney is reportedly “wide open,” according to Dan Duggan of The Athletic. There are plenty of names in contention for the job, leaving New York with several options. 
The favorite for the job is Jason Pinnock, whom the Giants claimed off of waivers from the Jets just prior to the regular season last year. Despite playing his rookie year as a cornerback for the Jets, Pinnock filled in for McKinney when he sustained a few broken fingers last year, starting five games in the free safety’s place. He put together a strong sample to put his name in the race early, but he was sidelined in the spring, keeping him from fielding any snaps with the first team until he can return in training camp.
Dane Belton is another name to look at for the position. The fourth-round rookie started five games, as well, last year. He showed a nose for the football in limited time with two interceptions, three passes defensed, and two fumble recoveries. Like Pinnock, Belton missed the spring but should return for training camp in time to compete for the starting job next to McKinney.
With Pinnock and Belton out, veteran free agent signing Bobby McCain and converted cornerback Nick McCloud split reps for the starting spot this spring. McCain is used to the starting role, performing as a full-time starter for Miami and Washington since 2018. His presence provides New York with a reliable starter if none of the other contenders emerge as runaway favorites. He graded out with the worst run defense of any safety in the league last season, according to Pro Football Focus (subscription required), so he may not be the perfect player to pair with McKinney, but he can stand in if needed.
McCloud is an interesting name in the competition. Another young name on the roster, McCloud started eight games at cornerback for the Giants in his sophomore season last year. He displayed a strong all-around game. While not lacking in run defense, McCloud was decent in coverage, as well, recording seven passes defensed. The Giants lined Love up all over the field last year, and they worked McCloud in a similar manner this spring. If he shows that he’s a good fit in that versatile role, he may have a strong case for a starting gig.
That about sums it up. Pinnock is an early favorite after a strong fill-in performance last season. Belton should also have an opportunity to expand his role from last year but should factor into the defensive back rotation, regardless. McCloud could fit best into a versatile role. While McCain remains a strong option if no one succeeds in separating themselves from the pack.
Giants Planning To Carry Two Quarterbacks
With the NFL reinstating the emergency quarterback rule, teams’ roster counts at the position become a more interesting topic. The new rule — in place after the 49ers lost both their active QBs during the NFC championship game — may influence teams’ 53-man roster decisions.
The league’s offseason tweak, reverting to a rule that has not been in place since 2010, is not expected to sway the Giants. They are likely to go into the season with a two-quarterback depth chart, Dan Duggan of Athletic notes. Current third-stringer Tommy DeVito is not expected to be a real threat to join Daniel Jones and Tyrod Taylor on the active roster come September (subscription required).
Last year, the Giants reacquired Davis Webb, whom they originally drafted in the 2017 third round, to team with Jones and Taylor. But Big Blue released Webb and subsequently stashed him on their practice squad. Webb made a few cameos on the Giants’ 55-man gameday roster but was not part of the team’s unit for most games. While Webb was called upon to start a meaningless Week 18 game — his last NFL action before transitioning to coaching; he is now the Broncos’ QBs coach — the Giants rolled with their Jones-Taylor setup for most of last season.
Taylor remains attached to the two-year, $11MM deal he signed in March 2022. Jones signed a four-year, $160MM accord just before the franchise tag deadline — which then pertained to Saquon Barkley — after an encouraging contract year. Jones, however, has missed time in three of his four NFL seasons. Most notably, the former No. 6 overall pick suffered a neck injury that ended his 2021 season in November. Jones underwent surgery to repair the issue. Heading into his age-34 season, Taylor has battled injuries as well. A scary lung puncture controversy sidelined Taylor just before the Chargers’ Week 2 game in 2020, ushering in the Justin Herbert era ahead of schedule, and a hamstring injury shelved the current Giants backup for an extended stretch during a 2021 Texans one-off.
Teams generally avoid dressing three passers — hence the rule update — but clubs will be unable to utilize the emergency QB rule unless they carry a third quarterback on their active roster. In order for the Giants to have DeVito — or another third-stringer — in place as their emergency option, he must be on their 55-man gameday roster. (The 2020 CBA allows teams to elevate two P-squad players the Saturday before a game, expanding gameday rosters to 55.) Teams cannot carry two QBs and bump a third up from the practice squad during a game. This part of the rule figures to influence teams’ roster constructions, but the Giants appear prepared to stick with a two-passer setup.
Playing for Syracuse and Illinois in college, DeVito joined the Giants as as a UDFA in May. No other quarterbacks reside on New York’s offseason roster, but third-string options — whether they land on an active roster or a practice squad — regularly change teams once the cut to 53 players comes. This year, teams must chop their rosters from 90 to 53 by 3pm CT on August 29.
Giants WR Wan’Dale Robinson Could Miss Regular Season Time
Wan’Dale Robinson figures to play a signficant role in the Giants’ passing game in 2023, but doubts remain with respect to his availability come September. The former second-round wideout continues to rehab the ACL tear which ended his rookie campaign. 
That injury occurred in November, limiting the 22-year-old to just six games played. Over that span, he logged three starts and a 55% snap share, though, demonstrating his value to New York’s offense right away. Robinson totaled 227 yards and one touchdown on 23 catches before suffering the ACL tear, something which threatens his ability to recover in time for the 2023 season opener.
As Dan Duggan of The Athletic notes, it remains to be seen if Robinson will be able to take the field by Week 1 (subscription required). A cautious approach to his recovery would be understandable on the Giants’ part, but a decision will need to be made with respect to the possibility of placing the Kentucky alum on the PUP list or injured reserve. Doing so would guarantee missed time to begin the season.
New York has Robinson, along with Darius Slayton, Isaiah Hodgins and Sterling Shepard in place as returnees at the receiver position. The additions of Parris Campbell in free agency and Jalin Hyatt in the draft, not to mention Pro Bowl tight end Darren Waller via trade, are set to give the Giants added options in the passing game regardless of Robinson’s health status at the start of the campaign. The latter should still play a notable role upon his return, though.
Robinson played his way into first-team consideration during training camp last year in part due to his strong performances in practice and the team’s lack of proven wideouts elsewhere on the depth chart. The summer will be much different this time around for team and player, and plenty of attention will be paid to Robinson’s recovery in the coming weeks.
TE Darren Waller Not Surprised By Raiders Trade
Darren Waller struggled to find his footing with new head coach Josh McDaniels leading the way in Las Vegas. Even after the tight end inked a three-year, $51MM extension last offseason, there were rumblings that he had become a source of frustration within the organization during the 2022 season.
[RELATED: Raiders To Trade Darren Waller To Giants]
Waller was ultimately traded to the Giants back in March, and the tight end acknowledged that the move didn’t come as a huge surprise.
“Not totally shocked,” Waller told Adam Hill of the Las Vegas Review-Journal. “I had heard some things. There were different moments throughout the year that I heard I may be traded or I may not. So the actual event of it wasn’t too shocking.
“But I didn’t expect it to be the Giants.”
Following 1,000-yard seasons in 2019 and 2020, Waller was limited to only 11 games in 2021. He missed another eight games in 2022, a factor that likely contributed to the organization’s frustrations. It seemed like rival teams were aware of the disconnect between Waller and the coaching staff; we heard that the Packers tried to trade for the player midseason, and agent Drew Rosenhaus confirmed that the front office even shopped Waller last offseason.
So, when Waller was ultimately traded, the move naturally didn’t come as a huge shock to the 30-year-old. Waller admitted that he was surprised that he was dealt to New York, perhaps because they hadn’t been definitively listed as a suitor (the only two reported teams that had shown interest were the Packers and Dolphins).
On paper, the Giants seemed like a logical landing spot. The team didn’t do much last season to replace Evan Engram, leaning mostly on Daniel Bellinger at tight end. In New York, Waller should emerge as one of Daniel Jones‘ top targets, and the tight end is excited about the opportunity.
“It’s been great,” Waller said of his Giants experience. “It’s been a great challenge. I love a good challenge and just forming a new relationship with my teammates. They’re really excited about winning. They’re really solid about doing things the right way and continuing to build a foundation on what they started last year. I’m just excited to be a part of it.”
Giants Still In Talks With Saquon Barkley
The Giants have until July 17 to reach an extension agreement with Saquon Barkley. Otherwise, the Pro Bowl running back would be forced to play the season on the franchise tag. While acrimony has come out during this process, Barkley is still in talks with the Giants, according to Ian Rapoport of NFL.com.
Barkley turned down multiple proposals from the Giants, one of which in the $13MM-per-year neighborhood. The former Offensive Rookie of the Year has expressed frustration about the leaks from the team’s side during the talks, and the Giants’ previous top offer — which was taken off the table after team applied the tag in March — is not believed to have been favorable on the guarantee side.
Offer No. 1 came during the Giants’ bye week last season, and it was believed to be north of $12MM per year. But Barkley and the Giants did not come close to a deal at that point. The second proposal came this offseason, when the Giants attempted to keep both Barkley and Daniel Jones off the market. They succeeded, extending the fifth-year quarterback minutes before the franchise tag deadline. The third phase of discussions began shortly after the draft, per the New York Post’s Ryan Dunleavy (Twitter link). Since the Barkley tag, however, not much has come out regarding terms.
The prospect of Barkley missing training camp — absent a long-term deal by the July extension date — has emerged, but Rapoport notes the Penn State product should not be expected to follow in Le’Veon Bell‘s footsteps by skipping the season. While Barkley responded in the affirmative when asked if this strategy was in play, the sixth-year back passing on a $10.9MM guaranteed salary has never been a likely scenario.
While the Giants pulling their offer to Barkley suggested these negotiations could take a bad turn, Rapoport adds a deal should not be considered out of the question. The 26-year-old back is the team’s most popular player, and few running backs are as important to their respective franchises. That said, Barkley went through three injury-plagued seasons prior to a breakthrough contract year.
The Giants being hesitant to provide a substantial guarantee is understandable, and the running back market losing two top contracts (Ezekiel Elliott, Dalvin Cook) this offseason while seeing the other free agent backs struggle did not help the tagged contingent (Barkley, Josh Jacobs, Tony Pollard). Jacobs has expressed disappointment with his time on the tag as well.
The Giants have used their franchise tag seven times since the tag’s 1993 inception and have never failed to hammer out an extension, though two players did play on the tag before being re-signed following a second tag. The team reached an agreement with tackle Jumbo Elliott in 1993 and extended punter Steve Weatherford in 2012. Both Jason Pierre-Paul and Leonard Williams were tagged twice; each signed an extension following the second tag (in 2017 and 2021, respectively).
Barkley bucking that trend would certainly be a notable development for the team, which has also given a big-money deal to Dexter Lawrence this offseason. But if the Giants do not submit an offer with at least $22.2MM guaranteed — which would cover a second Barkley tag in 2024 — it will put the dynamic back to a tough decision.
LB Alec Ogletree Announces Retirement
Alec Ogletree made an effort to play a 10th season last year, but the veteran linebacker will not aim to suit up this season. The former first-round pick announced his retirement (Instagram link).
One of the more successful players to enter the league from the much-maligned 2013 first round, Ogletree secured a Rams extension and started 110 games across a career spent in St. Louis, Los Angeles, New York (with the Giants and Jets) and Chicago. Ogletree picked up a second-team All-Pro honor (in 2016) and finished his career as a full-time starter, lining up with the Bears’ first-stringers throughout the 2021 season.
Known best for his Rams tenure, the off-ball linebacker began as a No. 30 overall pick during Jeff Fisher‘s regime. Fisher and then-second-year GM Les Snead signed off on the linebacker in a two-first-rounder Rams draft, which began with Tavon Austin going eighth overall. Both players fetched extensions from the Rams, but Ogletree made a bigger impact. His 2016 second-team All-Pro season included a career-high 136 tackles (nine for loss), two interceptions and a forced fumble.
That showing earned Ogletree a four-year, $42MM extension in October 2017. Despite the Rams changing HCs by hiring Sean McVay in 2017, they signed off on keeping Ogletree. Though, they reversed course during the ’18 offseason by trading the contract to the Giants. Ogletree, who combined to force 10 fumbles over his first two seasons, led the Rams in tackles during each of the four seasons he finished with the team.
The Giants kept the Georgia alum on that contract for two seasons, and he posted two pick-sixes during his Big Blue debut slate. The Giants had traded fourth- and sixth-round picks to the Rams for Ogletree and a seventh. A 2020 release led Ogletree to the Jets, with whom he only played two games. Despite the Jets cutting bait in October 2020 and Ogletree not playing again that season, he stepped in as a Bears full-timer to close out his career. In 16 Chicago starts, Ogletree made 87 tackles in 2021.
Ogletree, 31, collected just more than $40MM during his NFL run. He added 12 INTs and 7.5 sacks to a resume that includes 766 tackles (49 for loss).