Giants, Dexter Lawrence Agree To Extension
MAY 9: The Giants are giving Lawrence $46.5MM guaranteed at signing, and Mike Florio of Pro Football Talk reports the fifth-year defensive tackle will see that number climb to $55.8MM in 2025. Among D-tackles, Lawrence’s contract matches Aaron Donald‘s for the second-most fully guaranteed money. (Though, Donald got there on only a three-year deal.) Only Simmons’ $47.8MM guaranteed at signing tops the highly paid Giant’s number at the position. In addition to $6.2MM of Lawrence’s 2025 base salary being fully guaranteed, Florio adds the deal includes a $3.2MM injury guarantee for 2026.
MAY 4: Another high-profile extension amongst the league’s top young defensive tackles has come to fruition. The Giants are signing Dexter Lawrence to a four-year deal, per Mike Garafolo of NFL Network (Twitter link). ESPN’s Adam Schefter tweets that the pact is worth $90MM and includes $60MM in guarantees.
It comes as no surprise that Lawrence has landed a massive deal, given his emergence as one of the anchors of New York’s defense. The 25-year-old was already on the books for 2023 on the fifth-year option ($12.41MM), so he will now be tied to the team through the 2027 campaign. 
Lawrence’s average of $22.5MM per season in new money places him in a tie for third in the league amongst defensive tackles with Daron Payne, whom the Commanders inked to a mega-deal of his own in March. The terms of that pact are identical to the ones Lawrence will receive to remain in the Big Apple for the foreseeable future. The latter took a sizeable step forward in 2022, notching career-highs across the board.
That performance yielded a statline of 68 tackles (including seven for loss), 7.5 sacks, 28 QB hits. three pass deflections and a pair of forced fumbles. Lawrence earned Pro Bowl and second-team All-Pro honors this season, making him an obvious extension candidate. Signs started pointing to a deal getting done in March, and general manager Joe Schoen recently confirmed talks were ongoing with the Clemson product.
Selected with the No. 17 pick in the 2019 draft (part of the package sent by the Browns to the Giants in the Odell Beckham Jr. trade), Lawrence has proven to be an effective addition for New York and can be expected to remain one of the league’s top performers at his position. The DT market has seen a number of sizeable contracts, including the ones signed by Javon Hargrave and Jeffery Simmons earlier this offseason. Lawrence will slot in at the spot many projected him to land in.
It will be interesting to monitor how much of an effect this Lawrence extension will have on the Giants’ spending along the defensive interior. Veteran Leonard Williams is set to carry a cap hit of $32.3MM in 2023, and the team understandably wishes to re-work his pact to lower that figure. With cost certainty now in place with respect to Lawrence, New York could now be better positioned to determine Williams’ future.
On a broader level, this marks another major DT extension signed by a 2019 draftee. Simmons, and now Lawrence, have their second contracts in place, but the same is not yet true of Jets star Quinnen Williams. Attention will turn to his talks with the other New York franchise, and also to Chris Jones‘ efforts to leverage the position’s new market into a renegotiated Chiefs accord. Regardless of what develops on that front, the Giants have a foundational piece of their defense in place for years to come.
Minor NFL Transactions: 5/8/23
Here are Monday’s minor moves:
Baltimore Ravens
- Signed: S Jaquan Amos
- Waived: DE Levi Bell
Chicago Bears
- Waived: OL Nick Amoah, DB Justin Broiles, TE Damien Caffrey
Green Bay Packers
- Signed: LS Broughton Hatcher, DL Antonio Moultrie
- Waived: LS Jack Coco
Indianapolis Colts
- Signed: WR Tyler Adams, WR Kody Case, T Matthew Vanderslice, DT Jamal Woods
- Waived: WR Cody Chrest, CB Tyler Richardson, RB Titus Swen, WR Braxton Westfield
New York Giants
- Reverted to PUP list: S Terrell Burgess
Philadelphia Eagles
- Waived: S Andre Chachere
Hatcher and Moultrie join cornerback William Hooper in landing Packers deals after the team’s rookie minicamp. Despite the Packers cutting Coco, Hatcher still has competition to become Green Bay’s long snapper. Matt Orzech, who spent the past two years as the Rams’ deep snapper, remains the favorite for the Packer gig after receiving a $300K signing bonus this offseason, Rob Demovsky of ESPN.com tweets. Orzech had been on Green Bay’s radar for years; the team tried to claim him off waivers in 2021.
NFL Draft Pick Signings: 5/6/23
A couple teams have carried on the business of signing members of their draft class through the weekend. Here are the latest rookies to ink their four-year deals:
Baltimore Ravens
- LB Trenton Simpson (third round, Clemson)
- OLB Tavius Robinson (fourth round, Ole Miss)
New York Giants
- DT Jordon Riley (seventh round, Oregon)
Giants Sign 9 UDFA Rookies
The Giants are keeping their rookie class fairly small this year. After drafting seven prospects in the draft last weekend, New York will add nine more rookies of the undrafted variety. Here is the full list:
- DE Habakkuk Baldonado (Pittsburgh)
- LB Troy Brown (Mississippi)
- S Alex Cook (Washington)
- QB Tommy DeVito (Illinois)
- WR Bryce Ford-Wheaton (West Virginia)
- CB Gemon Green (Michigan)
- LB Dyontae Johnson (Toledo)
- TE Ryan Jones (East Carolina)
- LS Cameron Lyons (UNC-Charlotte)
Johnson, not to be confused with Steelers wide receiver Diontae Johnson who came out of Toledo four years ago, was second on the Rockets defense with 109 total tackles this year, adding eight tackles for loss, three sacks, three passes defensed, two fumble recoveries, and a forced fumble to his stat sheet in 2022. According to Aaron Wilson of KPRC 2, the Giants lured him in with an undrafted deal that has a guaranteed amount of $175K consisting of a $25K signing bonus and $150K of the first year’s base salary (worth $750K total).
New York also provided a strong contract offer to Ford-Wheaton, according to Wilson. Ford-Wheaton was offered a guaranteed amount of $236K consisting of a $20K signing bonus and $216K of his $750K first-year base salary. Ford-Wheaton was second on the Mountaineers in receiving yards behind only Sam James, who signed with the Rams after also going undrafted, but surpassed James and the rest of the team with seven receiving touchdowns in 2022.
DeVito arrive in Champaign as a transfer after five years at Syracuse, utilizing his extra COVID-year of eligibility. After being unseated as the Orange starting quarterback in 2021, DeVito took hold of the starting job with the Fighting Illini and had a career year. He completed nearly 70 percent of his passes while throwing 15 touchdowns to four interceptions with Illinois, leading the Illini to their first winning season since 2011.
Lyons comes in as some expected camp competition for Casey Kreiter, who has served as the team’s long snapper for the last three years. Kreiter has only ever played in New York on one-year contracts, which may indicate that the Giants are hesitant to commit to the veteran long-term. Lyons could earn himself a roster spot if he shows more upside than Kreiter.
NFL Restructures: McCaffrey, Jones, Franklin-Myers, Jones
Here are a few details on recent contract restructures agreed to around the league:
- The 49ers were able to reach an agreement on a restructured contract with star running back Christian McCaffrey last week, according to ESPN’s Field Yates, opening up $8.58MM in cap space. The team converted $10.72MM of McCaffrey’s 2023 base salary into a signing bonus and added two void years in order to reach the desired cap savings.
- The Raiders were likewise able to restructure the contract of outside linebacker Chandler Jones to free up $5.07MM in cap space, according to Yates. Jones agreed to convert $6.33MM of his 2023 base salary into a signing bonus and add an additional void year to help Las Vegas reach those figures.
- Yates also reports that the Jets reached an agreement last week to restructure defensive end John Franklin-Myers‘s contract. New York converted $4.32MM of Franklin-Myers’s 2023 base salary into a signing bonus to clear up $3.46MM in cap space.
- In one of the least impactful updates we’ve reported, the Giants‘ cap space decreased by $750K last week because of a corresponding increase to quarterback Daniel Jones‘s cap hit. According to Dan Duggan of The Athletic, the adjustment stems from an incentive Jones can earn this season if he plays over 65 percent of the team’s offensive snaps and wins the division. According to the league’s CBA, “any incentive bonus based on the team’s ranking in its Division automatically will be deemed ‘likely to be earned,'” which adds the incentive automatically to Jones’s 2023 cap hit.
Minor NFL Transactions: 5/5/23
Here are today’s minor moves from around the NFL:
Buffalo Bills
- Claimed off waivers (from Colts): DE Kameron Cline
New York Giants
- Waived: S Terrell Burgess (with failed physical designation), G Solomon Kindley
NFL Draft Pick Signings: 5/5/23
Here are a few more mid- to late-round draft picks who signed their four-year rookie contracts today:
Green Bay Packers
- DL Colby Wooden (fourth round, Auburn)
- WR Dontayvion Wicks (fifth round, Virginia)
- DL Karl Brooks (sixth round, Bowling Green)
- K Anders Carlson (sixth round, Auburn)
- CB Carrington Valentine (seventh round, Kentucky)
- RB Lew Nichols (seventh round, Central Michigan)
- S Anthony Johnson Jr. (seventh round, Iowa State)
Indianapolis Colts
- CB Darius Rush (fifth round, South Carolina)
- S Daniel Scott (fifth round, California)
- DE Titus Leo (sixth round, Wagner)
- CB Jaylon Jones (seventh round, Texas A&M)
- T Jake Witt (seventh round, Northern Michigan)
New York Giants
- RB Eric Gray (fifth round, Oklahoma)
- CB Tre Hawkins (sixth round, Old Dominion)
- S Gervarrius Owens (seventh round, Houston)
New York Jets
- RB Israel Abanikanda (fifth round, Pittsburgh)
- LB Zaire Barnes (sixth round, Western Michigan)
- TE Zack Kuntz (seventh round, Old Dominion)
Giants Re-Sign OLB Oshane Ximines
While the Giants did not draft an edge rusher, they will bring back one of their previous options at outside linebacker. Oshane Ximines will return on a one-year deal, Ian Rapoport of NFL.com tweets. The Giants have since announced the signing.
A former Giants third-round pick, Ximines has mostly worked as a rotational presence with New York. But the Old Dominion product has made nine starts over the course of a four-year career.
Former GM Dave Gettleman eschewed the Giants’ edge-rushing need — created by the team trading Jason Pierre-Paul and Olivier Vernon — for much of his tenure. Ximines represented one of the since-departed GM’s top investments at the position. A year after drafting Lorenzo Carter in the third round, the Giants chose Ximines 95th overall in 2019. The team let Carter walk last year, and he has since signed a multiyear deal with the Falcons. But Ximines remains positioned as a Big Blue second-stringer.
After totaling 4.5 sacks as a rookie, Ximines has not made many statistical contributions over the past three seasons. An offsides penalty that proved costly in a narrow loss to the Chiefs affected Ximines’ role in 2021, when he fell out of favor with Joe Judge‘s staff. Ximines spent much of that season’s dreadful Giants stretch run as a healthy scratch. The 26-year-old edge defender did bounce back a bit last season, recording two sacks and eight quarterback hits.
New York’s edge rush remains centered around Kayvon Thibodeaux and Azeez Ojulari. The latter’s rookie contract runs through 2024. Both starters battled injury issues last season, and Ximines’ workload increased as a result. After playing just 183 defensive snaps in 2021, Ximines logged a career-high 506 last season. Don Martindale will give the fifth-year defender another chance to be part of his edge rotation this season.
Giants Pick Up LT Andrew Thomas’ Fifth-Year Option
The Giants had one of the easier decisions to make with respect to today’s deadline on fifth-year options. As expected, they have exercised the option on left tackle Andrew Thomas, per a team announcement. 
The 24-year old will now be on the books for at least the next two seasons, with a 2024 cap hit of $14.175MM. That figure is lowered by the fact that Thomas has yet to earn a Pro Bowl nod, but all-star appearances could be in his future considering his career ascent. His level of play in 2022 has put him squarely on the radar for a long-term deal.
Such a move could come later this offseason, a reflection of how the Georgia alum is viewed by the Giants’ front office. Thomas has taken a considerable step forward in terms of PFF evaluation in each of his three seasons, developing from a player who appeared to have been a reach at No. 4 overall to one of the game’s best pass protectors. He earned a stellar overall grade of 90.3 in 2022, ranking him third amongst qualifying tackles.
The 2020 first-round class has seen a mixed bag of results with options being picked up or declined, including along the offensive line. Thomas has proven to be a worthwhile investment for the Giants, a team which has both he and quarterback Daniel Jones in place for multiple seasons (along with another foundational piece, running back Saquon Barkley, in the fold for at least the 2023 campaign on the franchise tag).
A long-term Thomas accord will be worth far more than the price of the option next year, with Laremy Tunsil‘s latest Texans deal (three years, $75MM) considered by many to be the floor for any agreement. At a minimum, Thomas can be expected to become only the fourth blindside blocker in the league to reach the $20MM-per-year mark. If negotiations stall out this summer, the Giants will have an extended period to get a contract worked out with the anchor of their offensive front down the road.
2024 NFL Fifth-Year Option Tracker
NFL teams have until May 2 to officially pick up fifth-year options on 2020 first-rounders who are entering the final year of their rookie deals. The 2020 CBA revamped the option structure and made them fully guaranteed, rather than guaranteed for injury only. Meanwhile, fifth-year option salaries are now determined by a blend of the player’s position, initial draft placement and performance- and usage-based benchmarks:
- Two-time Pro Bowlers (excluding alternate Pro Bowlers) will earn the same as their position’s franchise tag.
- One-time Pro Bowlers will earn the equivalent of the transition tag.
- Players who achieve any of the following will get the average of the third-20th highest salaries at their position:
- At least a 75% snap rate in two of their first three seasons
- A 75% snap average across all three seasons
- At least 50% in each of first three seasons
- Players who do not hit any of those benchmarks will receive the average of the third-25th top salaries at their position.
With the deadline looming, we’ll use the space below to track all the option decisions from around the league:
- QB Joe Burrow, Bengals ($29.5MM): Exercised
- DE Chase Young, Commanders ($17.45MM): Declined
- CB Jeff Okudah, Falcons* ($11.51MM): N/A
- T Andrew Thomas, Giants ($14.18MM): Exercised
- QB Tua Tagovailoa, Dolphins ($23.2MM): Exercised
- QB Justin Herbert, Chargers ($29.5MM): Exercised
- DT Derrick Brown, Panthers ($11.67MM): Exercised
- LB Isaiah Simmons, Cardinals ($12.72MM): Declined
- CB C.J. Henderson, Jaguars** ($11.51MM): Declined
- T Jedrick Wills, Browns ($14.18MM): Exercised
- T Mekhi Becton, Jets ($12.57MM): Declined
- WR Henry Ruggs, Raiders: N/A
- T Tristan Wirfs, Buccaneers ($18.24MM): Exercised
- DT Javon Kinlaw, 49ers ($10.46MM): Declined
- WR Jerry Jeudy, Broncos ($14.12MM): Exercised
- CB AJ Terrell, Falcons ($12.34MM): Exercised
- WR CeeDee Lamb, Cowboys ($17.99MM): Exercised
- OL Austin Jackson, Dolphins ($14.18MM): Declined
- CB Damon Arnette, Raiders: N/A
- DE K’Lavon Chaisson, Jaguars ($12.14MM): Declined
- WR Jalen Reagor, Vikings*** ($12.99MM): To decline
- WR Justin Jefferson, Vikings ($19.74MM): Exercised
- LB Kenneth Murray, Chargers ($11.73MM): Declined
- G Cesar Ruiz, Saints ($14.18MM): Declined
- WR Brandon Aiyuk, 49ers ($14.12MM): Exercised
- QB Jordan Love, Packers ($20.27MM): Extended through 2024
- LB Jordyn Brooks, Seahawks ($12.72MM): Declined
- LB Patrick Queen, Ravens ($12.72MM): Declined
- T Isaiah Wilson, Titans: N/A
- CB Noah Igbinoghene, Dolphins ($11.51MM): Declined
- CB Jeff Gladney, Vikings: N/A
- RB Clyde Edwards-Helaire, Chiefs ($5.46MM): To decline
* = Lions traded Okudah on April 11, 2023
** = Jaguars traded Henderson on Sept. 27, 2021
*** = Eagles traded Reagor on August 31, 2022