Minor NFL Transactions: 3/8/23
Today’s minor moves:
Chicago Bears
- Re-signed: FB Khari Blasingame (two-year deal)
Detroit Lions
- Re-signed: G Ross Pierschbacher
Houston Texans
- Claimed off waivers (from Jaguars): QB E.J. Perry
New York Giants
- Re-signed: LB Jarrad Davis
A veteran linebacker formerly with the Lions, Davis joined the Giants very late in the season last year, only starting one regular season game for New York. Davis did go on to start both postseason games for the Giants, doing impressive work for a player with such little time to learn a team’s defense. The 28-year-old had been starting less and less as his career progressed in Detroit, so a renewed opportunity to win a starting position should help to former first-round pick to get back on track.
NFC East Notes: Edwards, Giants, Cowboys
Off-ball linebacker is set to be one of this year’s deepest positional markets. The Eagles are set to send both their regulars — Kyzir White and T.J. Edwards — to free agency. Edwards is expected to draw interest, and an NFC East bidding war could commence. Edwards wants to stay with the Eagles, per InsidetheBirds.com’s Geoff Mosher, but the former UDFA is set to receive interest from three or four teams. One of the interested parties looks to be the Giants, whom the New York Post’s Ryan Dunleavy notes are believed to have the productive Eagle on their radar. The Giants, whose linebacker plan has not stabilized since Blake Martinez‘s ACL tear early during the 2021 season, have multiple needs at the position. There will be several ILB types available, however, even if Tremaine Edmunds‘ Bills ties do not lead him to a reunion with Brian Daboll and Joe Schoen.
As for the Eagles, they have most of their defense headed toward free agency. It will be interesting to see if Edwards, who has graded as a top-10 off-ball ‘backer (via Pro Football Focus) in each of the past two seasons, will be a priority as the Eagles attempt to reconstruct their defense. Here is the latest from the NFC East:
- Another of those off-ball linebackers set to be available, Leighton Vander Esch remains in the Cowboys‘ plans. The team has engaged in talks with the former first-round pick, but the Fort Worth Star-Telegram’s Clarence Hill notes the sides have not made much progress on a deal that would keep him off the market (Twitter link). Ditto Donovan Wilson, whom Cowboys executive VP Stephen Jones said the team wants to bring back. Jones called keeping the Cowboys’ Wilson-Jayron Kearse–Malik Hooker safety trio together “a priority,” Michael Gehlken of the Dallas Morning News tweets. Safety resides as a deep position on the market as well, and although Wilson is coming off his best season, it might not be too costly for the Cowboys to re-sign the former sixth-round pick. Vander Esch signed a one-year, $2MM deal with Dallas in 2022; he played 746 defensive snaps last season, his most since his Pro Bowl rookie year.
- Staying in Dallas, the team is expecting to lose tight end starter Dalton Schultz in free agency. But the key Dak Prescott auxiliary target did field an offer from the team. Schultz turned down a “pretty solid” multiyear extension offer, Albert Breer of SI.com notes. With Evan Engram off the market, Schultz can be safely viewed as the top tight end available. It makes sense, after the Cowboys franchise-tagged Schultz last year, that he would want to explore what else is out there.
- The Cardinals are handing the defensive play-calling keys to the NFL’s youngest active coordinator, the recently hired Nick Rallis. Prior to Jonathan Gannon taking the former Eagles linebackers coach to the desert, Zach Berman of The Athletic notes Philly had interest in the 29-year-old assistant for its defensive coordinator job (subscription required). Rallis spent the past two seasons with the Eagles.
- Jerry Jones laments not drafting enough options at quarterback in the years since Troy Aikman‘s retirement (in 2001), and Gehlken notes the Cowboys should be monitored regarding the selection of a Prescott backup. Cooper Rush is a free agent, as is a quarterback the Cowboys drafted before he enjoyed a memorable stay with another team (the Jets’ Mike White). The Cowboys, who have only drafted eight QBs since Jones bought the team in 1989, have selected one QB (current XFLer Ben DiNucci, in the 2020 seventh round) since Mike McCarthy‘s arrival.
Giants Increased Offer To Saquon Barkley; Extension Remains In Play
Rather than spend $32.4MM on a Daniel Jones franchise tag, the Giants beat Tuesday’s buzzer by extending their quarterback. They will have both he and Saquon Barkley on their 2023 payroll for less than that price. Jones’ cap number and Barkley’s $10.1MM tag will help the team pursue upgrades in free agency, but another deadline will loom later this offseason.
The Giants will have until July 17 to reach an extension with Barkley, who has engaged in off-and-on extension talks with team dating back to November. Since that point launched negotiations, Ryan Dunleavy of the New York Post reports the Giants have increased their offer to Barkley. That unspecified hike is believed to have emerged during the parties’ offseason talks. GM Joe Schoen said (via Fox Sports’ Ralph Vacchiano, on Twitter) those will continue Wednesday.
Barkley is believed to have turned down a deal in the $12.5MM-per-year neighborhood. Schoen previously acknowledged the in-season negotiations did not lead to much progress, but Dunleavy adds optimism exists the Giants and Barkley can come to agreement before the July deadline. Absent an extension, Barkley will be tied to that $10.1MM cap number throughout the season. Barkley said after the season he wanted to stay with the Giants.
Guarantee distribution and contract length have also formed hurdles here, Dunleavy adds. The three- and four-year timelines have divided the sides. This will probably be Barkley’s last big-ticket agreement, given his experience level and age (26), so it would stand to reason guarantees will be the bigger factor in a deal being closed. That said, the recent run of running back extensions have mostly been four- or five-year pacts. Derrick Henry, Joe Mixon, Aaron Jones and Christian McCaffrey signed four-year extensions. Dalvin Cook and Alvin Kamara inked five-year accords. Ezekiel Elliott (six) and Nick Chubb (three) are the outliers among the top running back earners.
Barkley joins Josh Jacobs and Tony Pollard on the tag, a team-friendly price that checks in higher than only the kicker/punter tag this year. With the above-referenced deals all agreed to from 2020-21 — excepting Elliott’s, which was signed in 2019 — it is logical for Barkley to pursue a top-market deal given the salary cap’s climb. Barkley initially asked for McCaffrey-level money, but Dunleavy notes the sixth-year back reduced his price by a bit. Barkley said at season’s end he was not looking to reset the market, but after his bounce-back season and considering his importance to the Giants, it should not be expected he settles in the $12MM-AAV range. Still, the sides appear to have bridged the gap to a degree.
The Giants announced Jones’ extension Tuesday night. Jones came down from a $48MM-per-year ask, according to Dunleavy, and The Athletic’s Dan Duggan notes the quarterback’s agents flew to New Jersey on Monday to finish off the negotiations (subscription required). Jones’ 2023 cap hit is expected to check in around $19MM. Barkley is unlikely to sign an extension before free agency; talks had stalled as of Tuesday morning. But the Giants should still have some room to chase some free agents or retain others. They have been linked to having interest in bringing back Julian Love, Nick Gates and Jon Feliciano. All three are ticketed for free agency.
Hammering out those deals may seem easier after the team, using the 2020 Titans’ blueprint (Henry tag, Ryan Tannehill extension), negotiated its top offseason barrier.
Giants, Daniel Jones Agree To Deal; Team To Use Franchise Tag On Saquon Barkley
Minutes before the franchise tag deadline, the Giants have reached an agreement on a Daniel Jones extension. The sides have a deal in place, Ryan Dunleavy of the New York Post reports (on Twitter).
This should allow the team to use its franchise tag on Saquon Barkley, and NFL.com’s Mike Garafolo notes that will happen (Twitter link). Jones agreed to a four-year, $160MM extension, Garafolo and NFL.com’s Ian Rapoport report. The sides are finalizing the deal, which Rapoport notes can increase by $35MM via incentives (Twitter link).
The Giants had until 3pm CT today to avoid a situation in which Jones was tagged — the team’s plan absent an extension — and Barkley headed toward the open market. Now, the Giants will have both players back in 2023. Barkley’s tag is worth $10.1MM, and he joins Josh Jacobs and Tony Pollard among running backs tagged this year. Jones’ extension will make that number easier for the Giants to fit onto their cap. Tagging Jones would have placed a $32.4MM cap hold on New York’s payroll.
Jones had the Giants up against a deadline that could have meant losing Barkley, pointing to the former first-round pick doing well on the guarantee front. The 25-year-old quarterback will collect $82MM over the deal’s first two years, Tom Pelissero of NFL.com tweets, with SI.com’s Albert Breer noting this does cover Jones’ guarantees (Twitter link). Four years had been the expectation here, Jeremy Fowler of ESPN.com adds (on Twitter). The Giants are essentially making a two-year bet on Jones ascending.
This represents a staggering financial leap for Jones, who piloted the Giants to the playoffs despite the team’s receiver blueprint changing for the worse early in the season. Jones displayed his best work in terms of efficiency, leading the NFL in interception percentage, and used his legs far more than he had over his first three seasons (810 rushing yards between the regular season and playoffs). Still, the Giants greenlighting a $40MM-per-year extension — the deal’s structure matches Dak Prescott and Matthew Stafford‘s accords — for a QB who threw 15 touchdown passes in his contract year is certainly a notable development in recent transaction history.
Prescott and Stafford agreed to their respective four-year, $160MM extensions on lower salary caps; the cap ballooning past $224MM aided Jones and the Giants. Jones, Prescott and Stafford are all tied for seventh in terms of QB AAV. Though, the money coming for Joe Burrow, Justin Herbert and Jalen Hurts — and possibly Lamar Jackson, as that saga is heating up in Year 3 — stands to bump the NFC trio down a bit this offseason. For now, however, Jones has secured top-10 quarterback money less than a year after the Giants passed on a $22.4MM fifth-year option.
The Giants entered their extension talks with Jones hoping the price would not hit $35MM per year, but the tag deadline worked in Jones’ favor. As Jones hired new representation, the $45MM-AAV number emerged. That figure floated for multiple weeks, with a report late last week indicating Eli Manning‘s successor was asking for a deal north of that number. The Giants negotiated with Jones’ camp daily at the Combine, and the sides agreed on what could be a nice compromise. Jones will have a chance to work in Brian Daboll‘s offense for the long haul, and the team is expected to pursue receiver upgrades to help its passer.
A neck injury ended Jones’ 2021 season after 11 games. Although the Duke product’s 24 touchdown passes as a rookie — in just 13 games — remain a top-10 all-time mark for first-year passers, he did not show much in the way of development during the 2020 and ’21 seasons. In 14 starts in 2020, Jones threw just 11 TD passes. Considering the 2020 CBA made fifth-year options fully guaranteed, the Giants predictably passed on Jones’. But the dual-threat QB showed long-elusive progress in his contract year. The Giants are making a bet superior weaponry will further unlock the Dave Gettleman-era draftee’s capabilities.
As for Barkley, it will be interesting to see how he responds. The former No. 2 overall pick congratulated Jones on his extension (Twitter link), but he is now attached to a $10.1MM salary after turning down an extension in the $12.5MM-per-year range. The guarantees included in the Giants’ proposal are not known, but it has long been assumed GM Joe Schoen is not expected to offer Barkley a deal in the Christian McCaffrey neighborhood ($16MM AAV). That will create another notable deadline for the Giants, who have until July 17 to extend Barkley. Otherwise, the sides cannot discuss a deal until 2024. A compromise of $14MM per year emerged weeks ago, but the Giants and Barkley are still not believed to be close.
Barkley, 26, is obviously a superior NFL player to Jones. Positional value led the Giants to understandably prioritize the less accomplished player. Barkley’s hot start to the 2022 season — one that ended with the Penn State product totaling 1,650 scrimmage yards and 10 touchdowns, completing a comeback from an injury-plagued three seasons — earned him an early negotiation slot with Schoen. Like Jones, the new regime was not completely sold on Barkley coming into the year. Trade buzz circulated early during the 2022 offseason, but both Gettleman-era investments earned the new regime’s trust.
The Giants negotiated with Barkley, and not Jones, during their bye week last season. They did not come close on terms, and although Barkley talks resumed before Jones’ negotiations began this offseason, no compromise is imminent. Fortunately, the team had the tag at its disposal to ensure its cornerstone tandem returned. Considering only one player has skipped the season after being tagged since 1998 (Le’Veon Bell, 2018), it is a good bet Barkley will be in uniform for the Giants in 2023.
The Giants entered Tuesday with more than $36MM in cap space. Today’s transactions will eat into that total considerably, with Fowler adding (via Twitter) Jones’ 2023 cap number should come in around $19MM. But the team’s plan to pursue wideouts and potentially bring back Julian Love should not be entirely nixed because of this afternoon’s high-profile transactions.
Latest On Contract Talks Between Giants, Daniel Jones
MARCH 7: Negotiations continued deep into Monday night, Garafolo notes, but nothing is currently considered imminent (Twitter link). As is the case with the Ravens and Lamar Jackson, talks could come right down to the 3pm CT deadline for a resolution. Adding further to the continued uncertainty, ESPN’s Dianna Russini tweets that it is “50-50” whether or not a multi-year deal gets over the finish line in time between the Giants and Jones. She adds that talks with Barkley have “stalled,” pointing further to him reaching free agency if New York is forced to tag Jones.
MARCH 6: One major domino has fallen with respect to the 2023 QB market already, but plenty of attention remains focused on the Giants and Daniel Jones. Talks at the Combine didn’t result in a contract being finalized, but a breakthrough could still be possible in the very near future. 
Less than 24 hours remain until the franchise tag deadline, meaning the Giants continue to face pressure to ink Jones to a multi-year deal (and by doing so, give themselves the option of using the franchise tag on running back Saquon Barkley). Failing that, Jones will receive the tag to lengthen the negotiating window for both sides, but also ensure that he will be in New York for at least the 2023 campaign.
Jones’ decision to change agents and subsequent increase in contract demands has dominated the storyline in this situation. His asking price (roughly $45MM-per-year) is not believed to be a point to which the Giants are willing to go, though, and the 25-year-old’s performances through 2021 made it an easy decision for the team’s previous regime to decline his fifth-year option. That has left the two parties at something of an impasse, though optimism was said to exist following the weekend’s negotiations.
On that point, NFL Network’s Mike Garafolo reports (via Twitter) that Jones’ representatives have travelled to New Jersey today to continue talks in person with the Giants. That will at least keep open the possibility of a deal being finalized at the eleventh hour. The framework of a possible contract will still likely be heftier than what the team had been hoping for, though.
In an update on where things stand as of the weekend, ESPN’s Jeremy Fowler and Dan Graziano report that Jones’ deal could be four years in length and carry a value of over $160MM. That would be very similar to the one which Derek Carr signed with the Saints earlier today, though a number of differences exist in the two passers’ respective situations. Jones doesn’t have the pedigree of Carr, a four-time Pro Bowler, but the Duke alum is six years younger and took a significant step forward in play last year, the first with Brian Daboll in place as head coach.
Fowler notes that many around the league have been surprised by the degree to which the Giants remain “comfortable” in giving Jones a major second contract. They still have the franchise tag option (which would cost $32.4MM) as a failsafe, of course, but using it would allow Barkley to hit free agency as the top RB on the market. Whether today’s talks produced any progress will go a long way in determining the Giants’ next moves in the coming days.
Latest On Giants, Daniel Jones
MARCH 5: Jones and New York brass are expected to leave the scouting combine today “with no contract resolution in sight,” as Tom Pelissero of the NFL Network reports (via Twitter). Pelissero’s NFL Network colleague, Mike Garafolo, says it always seemed likely that, if a long-term deal is going to be struck prior to the March 7 deadline for teams to utilize the franchise tag, it will happen in the 48 hours leading up to the deadline (Twitter link). However, Pelissero’s report suggests that there is still a great deal of work to be done in these negotiations.
MARCH 3, 4:00pm: Painting a more optimistic picture of the situation compared to Leonard’s report, ESPN’s Jordan Raanan tweets that progress has been made in recent days between the two sides. He adds that a contract being finalized before the tag deadline “doesn’t seem unreasonable,” something which would of course carry massive implications for the team if it were to happen. Jones being signed would allow for the franchise tag to become an option for Barkley, thus keeping him off the market. Raanan also echoes the expectation that Jones’ deal will check in at a value of at least $40MM per season.
MARCH 3, 8:57am: Daniel Jones‘ rumored $45MM-per-year price point emerged almost two weeks ago. Despite the Giants negotiating with their free agent-to-be quarterback daily this week, they do not appear to be making progress.
Not only has Jones not come down from that lofty number, Pat Leonard of the New York Daily News reports his ask is beyond $45MM on average. GM Joe Schoen said Thursday he wished the two sides were closer on terms by this point. The gap between where the Giants want this deal to land and what Jones’ camp points to a franchise tag.
The Giants initially feared Jones’ ask would come in beyond $35MM per year. Given the developments since the sides started negotiating, that number sounds reasonable now. Guarantee structure will matter here, but it does not appear the Giants are entertaining a number north of $45MM AAV. That is top-five (for now) quarterback money — north of Patrick Mahomes‘ 10-year deal’s average — and it points to Team Jones viewing the fifth-year passer as ascending to the point the Giants need to pay up for what he will be with a stronger supporting cast.
Jones’ wild-card performance in Minnesota notwithstanding, his being connected to an ask in this neighborhood after a 15-touchdown pass season is interesting. The Giants’ wide receiver plan broke down to the point a waiver claim (Isaiah Hodgins) had emerged as his go-to target by season’s end. Saquon Barkley was by far the team’s best skill player. Jones’ ask staying at this place could certainly lead to the sixth-year running back hitting the market.
The $37MM-AAV range has emerged as a sweet spot here; that would check in around the price of a 2024 Jones franchise tag. This year’s QB tag is $32.4MM, explaining the gap between the Giants and Jones four days away from the deadline to tag players.
Evaluators at this week’s Combine have classified Jones as an above-average quarterback not in the top tier at his position, Leonard adds, noting execs would want to see more before entertaining a contract in this price range. “Above average” is a safe label, even after Jones’ surprising 2022 season. The 25-year-old QB is a year removed from the Giants passing on a $22.4MM fifth-year option. Now, the prospect of Joe Burrow, Justin Herbert, Jalen Hurts and Lamar Jackson moving the top of the QB market is likely affecting the Giants.
This offseason brings a handful of quarterback-needy teams. The Jets and Saints are leading the way in terms of those connected to veteran arms, with Aaron Rodgers and Derek Carr at the forefront. The Giants are not planning to let Jones test free agency; the only way he could gauge his value is to negotiate with other teams while on the tag. It would cost a team two first-round picks to pry Jones from the Giants, who would need to match an offer sheet to keep him in that scenario. Would another team’s offer come close to a deal in the high-$40MM range?
Even if this offseason saga is unlikely to reach that point, the Giants are on the verge of being stuck with a $32.4MM tag clogging their payroll going into free agency. The team sits near the top of the league in terms of cap space, holding $46.9MM as of Friday morning. Its equation would change if/once Jones is tagged.
Coaching Notes: Chiefs, Colts, Clay, Zampese
As Matt Nagy returns to the offensive coordinator post he held from 2016-17, the Chiefs are promoting his lieutenant. Former assistant quarterbacks coach David Girardi will replace Nagy as QBs coach, Andy Reid confirmed this week. Girardi has been the Chiefs’ assistant QBs coach for the past two years, working under Nagy and Mike Kafka. He previously served as a quality control assistant in Kansas City, moving to the NFL from Division I-FCS Lafayette College. Girardi will now move closer to a potential OC position, seeing as four Reid assistants have either become HCs or OCs elsewhere during his time in Missouri.
Here is the latest from the coaching ranks:
- Ken Zampese interviewed for the Commanders‘ OC job, and while the recent Washington QBs coach will be staying with the team, he will not remain in that position under Bieniemy . Zampese, a former Bengals OC, is moving to the role of senior offensive advisor/game management. He has been with the team throughout Ron Rivera‘s tenure. Bieniemy is bringing in Tavita Pritchard to become the Commanders’ next QBs coach. This previously rumored hire will take Pritchard from his longtime place on David Shaw‘s Stanford staff. Formerly an assistant under Shaw and Jim Harbaugh, Pritchard spent the past five seasons as the Pac-12 program’s OC.
- Previously the QBs coach on Kliff Kingsbury‘s Cardinals staff, one that did not employ an OC, Cam Turner is joining the Colts. Shane Steichen is hiring Turner to be Indianapolis’ QBs coach, Tom Pelissero of NFL.com tweets. Turner, 35, was previously with the Panthers prior to the four-year Arizona stay; he will replace Scott Milanovich in Indy. The Colts are also hiring Tony Sparano Jr. as their offensive line coach, Art Stapleton of the Bergen Record notes (on Twitter). The second-generation NFL coach spent last season as the Giants‘ assistant O-line coach; he had held that role with the Jaguars and Panthers previously. Sparano, 36, joins ex-Giants running backs coach DeAndre Smith as Steichen Colts hires.
- Although the Eagles became the first team since the Bengals nine years ago to see both their OC and DC become head coaches in the same offseason, the NFC champs are retaining their third coordinator. ST boss Michael Clay will also receive a new contract. The Eagles are adding a year to Clay’s deal and giving him a raise, Aaron Wilson of KPRC2 tweets. Clay, 31, has been with the team since 2021.
- Sean Payton is hiring former Northwestern running backs coach Lou Ayeni to work in the same role for the Broncos, Jeremy Fowler of ESPN.com tweets. Northwestern HC Pat Fitzgerald has been on the NFL radar for a bit, and the Wildcats will lose their second assistant to the NFL this offseason. Ryan Smith is now the Cardinals’ DBs coach. Ayeni has worked mostly at the college level, being the run-game coordinator at Iowa State during David Montgomery‘s tenure.
- Ravens outside linebackers coach Rob Leonard will join the Raiders‘ staff, per John Harbaugh. Leonard is joining Josh McDaniels‘ assistant cadre as linebackers coach. Leonard joined the Ravens in 2022, having spent the previous three seasons on Brian Flores‘ Dolphins staff. He spent the previous six years with the Giants. The Ravens are still searching for wide receivers and safeties coaches, The Athletic’s Jeff Zrebiec adds. Harbaugh said internal hires are possible there (Twitter link).
- The Commanders are also reshuffling a bit on their defensive staff. Brent Vieselmeyer will rise to the role of secondary coach, with Christian Garcia set to be the team’s assistant DBs coach. Vieselmeyer will replace Chris Harris, who received DC interest this offseason before moving to Tennessee’s staff as the team’s cornerbacks coach.
Nick Gates, Jon Feliciano On Radar To Stay With Giants; Team Wants To Adjust Leonard Williams’ Deal
Nick Gates went from suffering a career-threatening injury to returning as a Giants starter, and the team has interest in keeping him on another contract.
The Giants have begun negotiations with the veteran interior offensive lineman, Ryan Dunleavy of the New York Post notes. Gates played out his two-year, $6.83MM extension. Both he and center Jon Feliciano are on the radar to stay. Feliciano, who was with GM Joe Schoen and Brian Daboll in Buffalo, signed a one-year, $3.25MM deal in March 2022.
[RELATED: Giants Prepared To Let Saquon Barkley Walk?]
A lower leg fracture in September 2021 ended Gates’ season, and then-HC Joe Judge mentioned the injury as being a potential career-ender for the former starting center. Displaying resilience and versatility, Gates worked his way back into a uniform by this past season’s midpoint. And the ex-center starter took over as a starting left guard soon after. Gates, 27, began sharing the gig with Ben Bredeson. The Giants have Bredeson under contract for 2023, via a 2021 trade, and still have 2022 draftees Joshua Ezeudu and Marcus McKethan on rookie deals.
Given the Giants’ guard situation and higher priorities in free agency, it is notable the team wants to work something out with Gates. Pro Football Focus graded Gates as a top-50 guard this year, slotting him a bit behind right guard Mark Glowinski, a former Colts starter who is signed through 2024. Feliciano being in the picture to stay is a bit more surprising, though his longstanding ties to the current regime certainly help. The 31-year-old blocker ranked outside the top 30 among full-time centers, per PFF, which graded Big Blue’s O-line 30th overall.
Considering the big-picture issues with Barkley, Daniel Jones and Julian Love, the Giants should be considered unlikely to sign off on big raises for Gates or Feliciano. Factoring in their spots as starters, however, Gates and Feliciano’s previous rates are a bit low.
A player whose paygrade checks in higher than most at his position also slots as a Giants offseason priority. Leonard Williams, who signed a three-year deal worth $63MM shortly after the Giants franchise-tagged him for a second time in March 2021, is going into a contract year. The Giants want to reduce his cap hit, with Dan Duggan of The Athletic noting (subscription required) Schoen will meet with the veteran D-lineman about doing so this week. Although void years could be tacked onto Williams’ deal to reduce his massive cap figure ($32.3MM — the most for any D-lineman in 2023), Duggan adds the team’s preferred path here is likely an extension.
The Giants extending Williams will be tricky. While it would reduce the former top-10 pick’s 2023 cap hit, the team also has a Dexter Lawrence extension on the agenda. Lawrence talks have begun, and the breakout D-tackle should be expected to top Williams’ $21MM-per-year price. With Jones set for a major raise and Barkley potentially back on either a franchise tag or an extension, the Giants will need to cut costs in some places. Williams also has seen his production dip since a big 2020 contract year, when he totaled 11.5 sacks and 30 QB hits. In 2022, the ex-Jet tallied 2.5 sacks and 12 QB hits. He only played in 12 games, however.
Giants Not Planning To Raise Offer To Saquon Barkley?
Inheriting two downward-trending pieces on offense in 2022, the Joe Schoen-led front office is now negotiating with two players coming off bounce-back seasons. The Giants are days away from a date that could send one of them out of New York.
The team continues to negotiate with Daniel Jones and Saquon Barkley. Schoen said he has talked to the free agent-to-be (or soon-to-be-tagged) quarterback’s camp throughout the week but mentioned during a Good Morning Football appearance he wished the Giants and their QB were closer on terms (video link). Teams have until 3pm CT Tuesday to apply franchise tags, which the Giants will do if no Jones deal commences by then.
Jones’ talks have hovered over Barkley’s throughout the offseason, as the running back — despite beginning negotiations with the Giants before they were sold on Jones — represents the second domino here. The Giants offered Barkley a deal in the $12.5MM-per-year neighborhood — one Derrick Henry, Dalvin Cook and Nick Chubb populate. Then again, those contracts were respectively agreed to in 2020 (Henry, Cook) and 2021 (Chubb). The salary cap has climbed to $224.8MM since, which could make Barkley signing for a similar amount a somewhat sobering (as far as eight-figure-per-year deals go, at least) transaction on his part.
While a report indicated the Giants moving to $14MM per year could probably finish this process, Ralph Vacchiano of Fox Sports adds Combine buzz suggests the team will not raise its offer from the $12.5MM-AAV place (Twitter link). When the Giants initially offered that, Schoen confirmed the talks did not come close. The second-year GM said earlier this week the sides had made some progress.
Guarantees here are not known, and if Barkley would entertain signing for this price, the Giants would likely need to step up on that front. As a former No. 2 overall pick, Barkley already signed a deal for $31.2MM guaranteed at signing. Not even Christian McCaffrey‘s contract — still the position-record deal on the AAV front, at $16MM — contains that. If Barkley does not accept the estimated $12.5MM-per-year accord, Vacchiano adds the Giants would be willing to let him walk.
This stance invites risk, as their pass catcher-deficient offense depended on Barkley for much of last season. Then again, free agency will bring a host of starter-level options — including Miles Sanders, Kareem Hunt and Devin Singletary, who arrived in Buffalo during Schoen and Daboll’s tenure — that would save the Giants money as they regrouped following failed Barkley negotiations. Still, Barkley is quite popular among the team’s fanbase and, when healthy, is one of the NFL’s best backs. Although this year’s free agent running back surplus could devalue the position, Barkley would shoot to the top of the market if untagged — especially if the Cowboys and Raiders respectively cuff Tony Pollard and Josh Jacobs.
The Giants’ best path remains extending Jones by Tuesday’s deadline and tagging Barkley at $10.1MM. A Jones tag will cost $32.4MM. As far as a long-term deal goes, Jones has been closely tied to a $45MM-per-year ask. The Giants had hoped $35MM per year would be the ceiling here. To bridge this gap, Vacchiano notes the sweet spot may well be a $37MM-AAV extension with the first two years guaranteed (Twitter link).
Jones asked the Giants for some time away before beginning negotiations and hired new representation after that stretch. How the Giants proceed with their passer’s new agency over the next week will certainly have a major say in their immediate future.
Giants, Saquon Barkley Moving Closer To Deal; Team Begins Dexter Lawrence Talks
Sitting as the second domino in the Giants’ offseason equation for weeks, Saquon Barkley remains unsigned. He and the Giants have been in talks since midway through last season, but Joe Schoen pointed to progress Tuesday.
The second-year Giants GM said the sides are “a little bit closer” on terms. It is believed the Giants offered Barkley a deal in the $12.5MM-per-year range; that did not move the needle much during the fall talks. The Giants have not been connected to being open to moving too much higher, but they might be willing to climb a bit to retain their dynamic back.
“We haven’t totally bridged [the difference]. We’re a little bit closer,” Schoen said, via ESPN.com’s Jordan Raanan. “There’s still a gap, [otherwise] would’ve done it. We’ll still work through that. We’re working with Roc Nation and [Barkley’s agent] Kim [Miale]. We have a great relationship with them and her.
“… Again, you have to draw a line in the sand — like we’re not going any further. And if it goes past this [line], alright, let’s shift to Plan B. Again, hopefully we don’t get to all that but we went through all these plans.”
A recent report indicated a deal at around $14MM per year could move this lengthy process past the goal line. That still would place Barkley outside the top three among running backs, and with those deals (for Christian McCaffrey, Alvin Kamara and Ezekiel Elliott) all being signed in 2020 or before, it would obviously be somewhat unsatisfying for the Giants back to accept such terms now that the cap has spiked to $224.8MM. But the Giants could have both the advantage of the franchise tag and a robust running back market that could suppress players’ values.
Barkley, 26, has already pocketed considerable cash, being a former No. 2 overall pick and having finished his fifth-year option season. But this offseason represents his best chance to cash in during a career not expected to last too much longer. Barkley should still have multiple prime years left, but backs routinely do not play past 30 in the modern game. The Giants have until March 13 to keep Barkley off the market, but their real deadline may be March 7 — the last day to apply franchise tags.
Schoen reiterated the Giants’ plan to tag Daniel Jones (at a steep $32.4MM) unless an extension is reached. A $10.1MM Barkley tag would, then, only commence if Jones is extended. While the GM expressed cautious optimism extensions for Barkley and Jones will be completed, via the New York Daily News’ Pat Leonard (on Twitter), the Giants are likely to go down to the wire here.
Beyond the Jones-Barkley components of this offseason, the Giants have Dexter Lawrence coming off a breakout year and heading into a contract campaign. The Giants have already begun talks with Lawrence, Schoen said (via Leonard), but the discussions look to be preliminary in nature. It is not known if the Giants want to be the team that first bridges the gap between Aaron Donald and the field at defensive tackle. The Commanders just tagged Daron Payne, but he will be part of that mix that includes Jeffery Simmons and Chris Jones, who are each in contract years.
Those contracts would stand to drive up the price for Lawrence, who is going into his fifth-year option season. But the former Clemson standout (and last piece of the Odell Beckham Jr. trade still on either the Giants or Browns) said he wants to stay in New York. The Giants would have the option of a 2024 franchise tag with Lawrence, though their 2023 tag candidates obviously take precedence.
Scrolling further down Big Blue’s expanding priority list, Schoen confirmed the Giants want to keep Julian Love. The Giants will speak with Love’s agent at the Combine, but a deal may not transpire until the Giants survey the market. Schoen said the team will wait to see if teams cut safeties to create a market surplus, which would affect Love’s value. John Johnson will be one of the cap casualties, joining a market set to house Jessie Bates, Vonn Bell, C.J. Gardner-Johnson and Jordan Poyer, whom Schoen has close ties to from his Buffalo days. Additionally, Schoen mentioned Jihad Ward as a leadership type the Giants will not want to lose (Twitter links via Leonard). The rotational edge rusher just played out a league-minimum contract.