New York Giants News & Rumors

Giants On Radar For QB J.J. McCarthy

Giants-quarterback connections are becoming a regular offseason occurrence this offseason. A year after giving Daniel Jones $81MM guaranteed, the Giants look to be considering a long-term replacement.

Buzz about Big Blue trading up for a quarterback in Round 1 or selecting one at No. 6 continues to surface, and while we are moving toward prime smokescreen season, the Giants are being tied to a fast-rising QB prospect. The Giants are believed to be interested in J.J. McCarthy, according to the Washington Post’s Jason La Canfora.

[RELATED: Giants Looking Into Trading Up For QB]

SNY’s Connor Hughes confirms Combine noise about the Giants and McCarthy being rather difficult to ignore, adding that the Giants should be classified as focused on adding a long-term Jones successor. Jones’ injuries look to be the bigger issue than the team’s confidence in him, Hughes adds. The 2019 No. 6 overall pick has sustained two neck injuries, including a 2021 season-ender that required surgery, and is now rehabbing the ACL tear. Jones also missed a 2020 game due to an ankle injury. Jones is expected to be ready for training camp; it could be his last as a Giant.

The Giants have gone about QB transitions in different ways. Jones took over for Eli Manning by Week 2 of the 2019 season, and Giants great retired after that season. Manning replaced Kerry Collins in 2004, with the incumbent being moved off the roster soon after the draft. The Giants signed Kurt Warner as the Manning bridge.

Jones’ contract would nix the Collins-to-Manning transition path, as he is due $36MM guaranteed this year. If the Giants are to add a rookie, that player would presumably begin the season behind Jones, who would then be set for an awkward farewell season. But the Giants can move on from their four-year, $160MM QB contract in 2025 rather easily, taking on only $11.1MM in dead money with a post-June 1 designation.

McCarthy has plenty of intrigued parties around the league, according to ESPN.com’s Jeremy Fowler, who would not be surprised by the Michigan alum landing in the top 10. The Wolverines won the national championship with a then-20-year-old starter at the controls; McCarthy turned 21 earlier this year. Jim Harbaugh did not ask his QB to do too much, and he totaled just 2,991 passing yards in 15 games. But the 6-foot-2 passer showed accuracy improvement, vaulting to a 72.3% completion rate; his TD-INT ratios in two starter seasons: 22-5, 22-4.

Daniel Jeremiah’s NFL.com big board still places McCarthy outside the top 20, at 21st; ESPN.com’s big board places him 15th. Jayden Daniels and Drake Maye rank in the top five on each board. QB demand annually pushes prospects up the board, and if the Giants are indeed interested, they probably are not the only ones. The Raiders, Broncos and Vikings have been connected to trade-ups as well. Holding the No. 12 pick, Denver has done considerable work on McCarthy and Oregon’s Bo Nix. Minnesota and Las Vegas carry the Nos. 11 and 13 choices. The Giants have this lot outflanked at No. 6, and with the continued rumors about the team’s QB interest, their pick stands to be one of this draft’s pivotal points.

2024 Top 50 NFL Free Agents

With the franchise tag application deadline in the rearview mirror, we have a clearer picture of who will be available in free agency. Barring 11th-hour deals, starting quarterbacks and a future Hall of Fame defensive tackle will drive the class in the 32nd year of full-fledged free agency in the NFL.

In addition to the Kirk CousinsBaker MayfieldChris Jones trio, interior offensive linemen will cash in as part of this year’s crop. Last year’s tackle class was a bit deeper; this year, O-line dollars figure to be funneled inside.

The NFL’s legal tampering period, which gives players a window to speak with other teams and reach unofficial agreements, begins at 11am CT on March 11. The new league year opens two days later, though much of the frenzy will take place during the tampering period.

This list ranks free agents by earning potential, with guaranteed money serving as the general measuring stick. This is one of the great running back classes in free agency annals, but even though some of the RBs’ accomplishments far eclipse many of the players ranked above them, the position’s market has absorbed numerous hits. Older standouts, including potential Hall of Famers, not having the earning power they once did also factors into this equation.

Here is this year’s PFR top 50 free agents list, along with potential landing spots for each player.

1. Kirk Cousins, QB. Age in Week 1: 36

Cousins hitting free agency in his prime six years ago brought countless rumors about his value and future. Quarterback movement was less common then. Cousins made that foray count, scoring a landmark deal from the Vikings – a fully guaranteed three-year, $84MM pact. We are back here again because Cousins and the Vikings could not agree on a fourth extension, with the sides’ 2023 talks breaking down in part because Minnesota refused to provide guarantees into a third year. Cousins is coming off an Achilles tear, but given the need here, the 13th-year veteran is back atop a free agent value list.

Thanks to Cousins’ two-franchise tag path out of Washington in the late 2010s, the Vikings could not realistically tag their quarterback. No one has been tagged a third time since the 2006 CBA made doing so prohibitive. While the Vikings and Cousins have each expressed interest in a reunion, time is running out due to the structure of Cousins’ third Vikings contract. And a clear threat has emerged.

If Minnesota cannot re-sign Cousins before the start of the 2024 league year, $28.5MM in dead money will move onto the team’s 2024 cap sheet. Considering the dead cap awaiting and the Vikings holding the No. 11 overall draft slot, the team is in crunch time at quarterback. Minnesota will need to decide on perhaps one final contract with one of the NFL’s all-time financial mavens, and with Justin Jefferson interested in the team’s decision with the quarterback that helped him to a historic start, the NFC North club is navigating a layered process.

Never confused with a top-tier quarterback, Cousins has been in the league’s upper third for much of his career. The former Washington fourth-rounder had thrown 18 TD passes compared to five INTs before the Week 8 Achilles tear shut him down, finishing this productive stretch with Jefferson sidelined three games. QBR slotted Cousins seventh last season but rehabbing this injury in his mid-30s certainly will not make teams feel great about the offers required to win this derby. Still, this is the cost of doing business with above-average QBs.

Cousins has all of one Pro Bowl as a non-alternate, coming in 2022. Illustrating the value this position brings and Cousins having the upper hand on the Vikings in negotiations thanks to the fully guaranteed deal he landed in 2018, the Michigan State alum has made more than $231MM in his career. That number will almost definitely balloon past $300MM by 2025. Cousins has signed deals worth $28MM, $33MM and $35MM per year. Although Derek Carr scored a $37.5MM-AAV Saints pact and a practical guarantee of $70MM, Cousins’ consistency and financial shrewdness may still top that even near the end of his mid-30s.

Only Fran Tarkenton and Tommy Kramer have served as Vikings QB1s longer than Cousins, but Minnesota also must begin planning for the future. The team has seen Cousins and Jefferson form a dominant connection; Minnesota has also won just one playoff game since signing Cousins, failing to reach the postseason in three of his healthy years. If the Vikings pass and set their sights on the draft, who will make the payment?

Facing incomprehensible dead money due to the Russell Wilson extension going bust, the Broncos could certainly use Cousins as a bridge. Denver’s dead cap — $85MM over the next two years once Wilson is designated a post-June 1 cut — will make this signing difficult. The Broncos bowed out of the Cousins sweepstakes six years ago, signing Case Keenum; they may not have the resources to make a competitive bid now.

Cousins-to-Atlanta is producing enough smoke it is time to closely monitor this relocation; this reality would put Terry Fontenot’s skill-position draftees in better position to thrive, after Marcus Mariota and Desmond Ridder held them back. While Justin Fields odds pointed the Bears QB to Atlanta last week, it looks like the Falcons prefer a proving passing option. Hiring ex-Rams QBs coach Zac Robinson as OC, the Falcons appear the Vikings’ top threat if Cousins hits the tampering period unsigned.

Best fits: Falcons, Vikings, Broncos

2. Baker Mayfield, QB. Age in Week 1: 29

Were this an accomplishments-based ranking, Mayfield would not sniff this tier. Starting QBs in their primes get paid, as they rarely reach the market. Mayfield is not exactly a set-it-and-forget-it option, as this era has featured less QB patience than previous NFL periods. But he is being linked in the $35MM-per-year range. That marks a staggering transformation from 2023, when one team was willing to make the former No. 1 pick its starter favorite.

Mayfield turned down slightly more lucrative offers to vie against only Kyle Trask — after the Bucs passed on Will Levis, whom they brought in for a “30” visit — last year. The bet on a return to form in Dave Canales’ system paid off, though it is important to note how far the ex-Browns QB1 fell over the previous two seasons. Rumblings of a franchise-level extension — in the $30MM-plus-AAV range, when that number meant more — surrounded Mayfield’s 2021 offseason, which followed the ’20 Browns nearly upsetting the Chiefs in the divisional round. That remains Cleveland’s lone Round 2 playoff run since 1989. Had Mayfield built on the progress he showed in 2020, an alternate NFL reality — in which the Falcons have Deshaun Watson and the Bucs pursue a different post-Tom Brady stopgap — probably ensues. But the ’21 season tanked Mayfield’s stock, which had farther to fall in 2022.

An early-season injury to Mayfield’s non-throwing shoulder plagued him in 2021, and after the Browns’ unrefusable Watson offer led Mayfield to Carolina, horrid form keyed a last-place QBR finish in 2022. Mayfield’s 2023 QBR (54.3) trails his 2020 number (65.5), and the Bucs went from 3-0 to 4-7 to the divisional round. This rollercoaster ride provided a nice microcosm of Mayfield’s pro career, which also involved a steep 2019 dip due largely to Freddie Kitchens being overmatched as a head coach. But the inconsistency should matter here, to a degree.

If the Bucs let Mayfield hit the market, the statuses of Cousins and Justin Fields will be intertwined with his as teams without top-three draft real estate determine their options. It is not out of the question clubs could view Sam Darnold, Jacoby Brissett, Gardner Minshew or Ryan Tannehill at a far lower price as a more cost-effective option than Mayfield. The Giants faced same question last year; was there a team willing to go to the $40MM-per-year place had Big Blue let Daniel Jones hit free agency? The Jones contract has likely come up in Mayfield negotiations, complicating the Bucs’ decision.

Mayfield established new career-high marks in TD passes (28) and yards (4,044). He also limited his INTs to 10 in Canales’ offense. The Bucs gave Mayfield input in their OC search, which produced ex-Rams OC Liam Coen, providing an obvious signal they do not intend to let him get away. The Bucs just made the playoffs with Brady’s $35.1MM void years-driven dead money on their payroll. While Mayfield’s deal would be backloaded, Tampa Bay would not see too much change here with Mayfield set to go from a $4MM base salary to likely beyond $30MM.

Geno Smith’s three-year, $75MM deal should serve as Mayfield’s floor, as it is the veteran-QB1 basement presently. But Smith agreed to Seahawks-friendly terms. A pay-as-you-go contract is unlikely here, with the Jones and Derek Carr deals respectively producing practical guarantees of $81MM and $70MM. Mayfield is also four years younger than Smith. Mayfield might not match Jones and Carr for AAV, but the Bucs will need to pay him more per year than they did Brady ($25MM).

Passing would make the Bucs start over from a poor draft slot to do so (No. 25), arming Mayfield’s camp with more leverage. The Vikings being unable to complete a deal with Cousins could make them a Mayfield suitor, and while the Patriots have quite a few connections to the former Heisman winner — including Eliot Wolf and OC Alex Van Pelt — it does not make too much sense for the Pats taking this route given the shape of their roster. With Fields and Cousins in the mix and the Steelers setting their sights lower, Mayfield’s options are still somewhat limited. That will play into the Bucs’ hands; both sides need to be careful here.

Best fits: Buccaneers, Falcons, Vikings

3. Chris Jones, IDL. Age in Week 1: 30

The Chiefs secured dynasty status after trading Tyreek Hill and, barring some playoff surges, missing on the Frank Clark contract. They have not paid cornerbacks during this stretch, highlighting the importance of Steve Spagnuolo’s centerpiece defender. (L’Jarius Sneed’s franchise tag, coming with heavy trade rumors, points to the Chiefs going in this direction again.) Patrick Mahomes and, especially over the past year, Travis Kelce receive most of the attention. Jones has been the clear third Chiefs pillar during this period, racking up five All-Pro honors and being the only pure defensive tackle in the sack era (1982-present) to record two 15-sack seasons.

Jones has also been durable, missing more than two games in a season just twice and suiting up for all but one contest during Kansas City’s back-to-back Super Bowl-winning campaigns. That makes the Chiefs’ defensive struggles in Week 1, during Jones’ holdout, notable. Rightfully asking for money in the Aaron Donald neighborhood, Jones bet on himself rather than accept a Chiefs offer that placed him on the same plane as less proven DTs — in the second tier that formed thanks to 2023’s Jeffery Simmons, Quinnen Williams, Daron Payne and Dexter Lawrence extensions. With Nick Bosa raising the defender ceiling to $34MM per year in September, Jones reaching $30MM AAV is in play on the open market. The Chiefs’ top priority is preventing Jones reaching free agency.

Kansas City franchise-tagged Jones in 2020, which always made a 2024 tag – at 120% of his pre-restructure 2023 salary, pushing the total past $32MM — unrealistic. Although Jones has said on multiple occasions he wants to stay in Missouri, the Chiefs’ negotiations last year created the risk of losing one of the best players in franchise history. From a pass-rushing standpoint, Jones has surpassed Donald (the current Donald version, that is) during the Chiefs’ back-to-back Super Bowl-winning years. He is three years younger than the Rams all-time great. Donald needed to threaten retirement to secure his landmark raise at 31; Jones reaching the open market healthy — in a year when a record cap spike occurred — effectively maximizes his leverage.

Javon Hargrave scored a $21MM-per-year pact; it took only $40MM fully guaranteed for the 49ers to land him. From an accomplishments and impact standpoint, Jones’ free agency is closer to Reggie White’s than Hargrave. White was 31 when his 1993 free agency tour commenced. Albert Haynesworth (2009) and Ndamukong Suh (2015) scored record-setting deals when they hit the market. Jones probably will not top Bosa’s AAV, but eclipsing the current DT guarantee high (Williams’ $66MM) seems likely.

The Chiefs have shown they can get by after losing corners; they have not shown they can win without Jones, who has made countless pivotal plays while rushing from inside and outside. The most recent led to a 49ers overtime field goal, which set up a championship-cementing Chiefs drive. Kansas City will need to make a monster offer to keep Jones off the market, but at this point, the champs must prepare to outbid other teams as their future Hall of Fame DT is less than a week away from testing the market.

Bears GM Ryan Poles was in Kansas City when the Chiefs drafted Jones in the 2016 second round, and Chicago is likely to restart its QB contract clock via a Caleb Williams pick soon. The Texans also have a rookie-QB contract (and Will Anderson on a rookie pact) around which Jones’ guaranteed years could be structured. With budgets increasing as of the recent cap news, teams could enter this bidding for one of the best defenders to ever hit free agency.

Best fits: Chiefs, Texans, Bears

4. Christian Wilkins, IDL. Age in Week 1: 28

The stars have aligned for Wilkins. From the Dolphins’ cap status to Justin Madubuike being franchise-tagged and the rest of the high-level D-tackles from Wilkins’ draft class being extended last year, the charismatic Clemson alum is about to reap the rewards of hitting free agency at this point. Excelling against the run and coming off his best pass-rushing season, the five-year veteran is likely to land a deal in the ballpark of those given to the rest of the 2019 first-round DT contingent. If the Chiefs re-sign Chris Jones, suddenly the player the Dolphins shied away from extending is the market’s top D-tackle prize.

Negotiations dragged on last summer, and other deals set the market. The Commanders extended Daron Payne in March, while the Titans reached an agreement with Jeffery Simmons in April. Dexter Lawrence followed in May, and the Jets hammered out their Quinnen Williams re-up just before training camp. Each pact was worth between $22.5-$24MM per year, creating a new second tier behind Aaron Donald’s outlier accord, and brought between $46-$47.9MM guaranteed at signing. This is a narrow range, making it a bit odd nothing was finalized. The Dolphins offered a top-10 DT salary, but that falls short of the Payne-Simmons-Lawrence-Williams range. It is possible the Dolphins also used 2019 first-round DT Ed Oliver’s deal, which came in lower ($17MM AAV, $24.5MM guaranteed at signing) as a comp in these talks. That would naturally introduce a complication.

A September rumor suggested the Dolphins were hesitant to go into the above-referenced price range due to Wilkins’ low sack output (11.5 sacks from 2019-22). He responded with a career year, tallying nine sacks — twice as many as his previous best — and 23 QB hits (10 more than his prior best). Wilkins finished 13th in ESPN’s pass rush win rate metric. This came after ESPN’s run stop win rate metric viewed Wilkins as a dominant presence, ranking him first in 2022 and second in 2021. Wilkins, who also deflected 15 passes from 2020-22, adding a pass rush piece will be valuable soon.

Residing in poor cap shape, the Dolphins already released Jerome Baker and Emmanuel Ogbah and are set to cut Xavien Howard. They have also paid two D-line pieces — DE Bradley Chubb, DT Zach Sieler — eight figures per year and have Jaelan Phillips presumably on the extension radar. Will Wilkins, acquired during Brian Flores’ first year, need to find his money elsewhere? Flores’ Vikings could be waiting.

Best fits: Texans, Vikings, Patriots

5. Jonathan Greenard, Edge. Age in Week 1: 27

Already a lower-profile franchise, the Texans saw their on-field work drift off the radar as their Bill O’Brien-run operation cratered and produced two subsequent HC one-and-dones. One of the players who was worth monitoring during this bleak period broke through to help Houston re-emerge under DeMeco Ryans. Greenard delivered a 12.5-sack season, leading the Texans in sacks by a wide margin and providing Will Anderson with a quality bookend.

A fringe tag candidate entering the offseason, Greenard had already tallied an eight-sack season (in 2021) before an injury-plagued 2022 stalled his early-career momentum. But last season brought new territory. Ranking 20th with 33 quarterback pressures, Greenard smashed his career-high with 22 QB hits. He ranked sixth among edge rushers in ESPN’s pass rush win rate metric in 2023. Reinvigorated in Ryans’ scheme, Greenard profiles as a player the Texans want to re-sign. But rumblings about his price will put Houston to the test. An AAV in the $22MM neighborhood could be in the offing for a player whose best work should still be ahead. Teams look eager to land Greenard.

Sitting in the top five in cap space and having Anderson and C.J. Stroud tied to rookie deals through at least 2025, the Texans can afford to make some investments elsewhere. They have begun doing so via the Dalton Schultz re-signing. Beyond its O-line, Houston’s cap sheet is light on big payments. Regularly stocking the roster with two-year deals at lower-middle-class rates, GM Nick Caserio has not gone to this financial territory to retain a player just yet. The Patriots would regularly let this type of player walk, as the Trey Flowers 2019 Detroit defection illustrates. The Texans’ Stroud and Anderson situations, however, support a re-signing.

Best fits: Texans, Commanders, Bears

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Giants TE Darren Waller Addresses Potential Retirement

A report from earlier this month stated Darren Waller was committed to playing in 2024. The Giants tight end has not made a firm decision one way or the other, however. He confirmed that when speaking publicly about his situation.

Waller had his debut Giants campaign cut short due to the latest occurrence of his hamstring issues. He is still under contract for three years, although none of his salary is guaranteed over that span. Even if he were to hang up his cleats, though, the 31-year-old’s career would prove to have been a lucrative one as he has more than $42MM in total earnings.

“I’m undecided at the moment,” Waller told Dan Duggan of The Athletic (subscription required). “It’s really the idea of signing up for another journey. It’s tough, it’s long, it requires a lot. And if you’re not fully bought into every single thing of the process, it’s going to be tough. I feel like at the end of the day, you’re doing guys a disservice if you’re not all the way in.”

The former sixth-rounder topped 1,100 yards in consecutive seasons with the Raiders, demonstrating his ability as one of the league’s most dynamic tight ends when healthy. Waller has been limited to 32 games in three years since then, however, something which factored heavily into his trade from Vegas to New York. In 12 games with the Giants, he posted 552 yards and one touchdown on 52 catches.

Waller noted he has no firm timeline on his decision, adding the Giants have not imposed one. Still, the team would no doubt prefer to have clarity with free agency and the draft on the horizon. Replacing the Georgia Tech product would become a key priority for a team already in need of pass-catching additions if necessary. Health and finances are factors going into Waller’s thought process, but he noted his ultimate decision will come down to “deeper” reasons.

“I’m not just coming back to collect an extra check, because that’s not what I’m trying to do or who I’m trying to be,” he added. “At this point in my life, I’m blessed to be able to be more than OK financially. Plus, if the only reason I’m doing something is because of an amount of money, I know that’s not a decision I need to be making.”

Mutual Interest Between Eagles, Saquon Barkley?

The long list of running backs on track for free agency next week is headlined by Saquon Barkley. A departure from the Giants is a distinct possibility, but he may still find himself playing in the NFC East in 2024.

[RELATED: Giants Have Not Submitted Offer To Saquon Barkley]

The Eagles have an interest in signing the two-time Pro Bowler, per Howard Eskin of 94 WIP. That interest is reciprocated by Barkley himself, Ryan Dunleavy of the New York Post adds. Philadelphia could be in the market for a new lead running back in free agency if D’Andre Swift departs.

The latter was acquired via trade from the Lions during last year’s draft, and he enjoyed a career year while leading the Eagles’ RB depth chart. Swift topped 1,000 rushing yards for the first time and received a Pro Bowl invite. Given his age (25), he could be in store for a better market than most other, older backs who will be available once the new league year begins. Barkley has far more in the way of pedigree given his past production, though, and he could manage to secure more guaranteed money than most (or any) other backs in 2024.

The Eagles are positioned to be spenders at a few positions in free agency, as they currently have just under $42MM in cap space. Running backs have seen their collective value stagnate over time, and signs continue to point in that direction given the crop of veteran players who will be on the market simultaneously. Still, Fox Sports’ Ralph Vacchiano reports the Eagles are believed to be willing to “take a swing” at Barkley, a move which would represent a major move on offense.

Philadelphia’s late-season collapse was due in large part to defensive deficiencies, but inconsistency on the other side of the ball was often related to struggles in the ground game. Swift is joined by Boston Scott and Rashaad Penny as pending free agents, so the RB room could look much different for the Eagles in short order. Barkley would take on primary rushing responsibilities with a deal and also serve the role of complementary pass-catcher in an offense which could stand to add more targets at the running back spot.

News of Barkley-Eagles interest is interesting on a number of levels, not the least of which being the potential of the 27-year-old making an intra-divisional move. However, it is also notable given the recent report which tapped the Texans as Barkley’s preferred destination. In any case, his market will be worth watching closely when free agency begins, as will the Eagles’ willingness to make a splashy addition at the position.

Giants Have Not Made Saquon Barkley Offer In Offseason

Saquon Barkley-Giants extension talks began in November 2022 and memorably ran up to the July 2023 deadline for franchise-tagged players to sign long-term deals. Not much activity has transpired this offseason.

Although the Giants met with Barkley at the Combine and are believed to be planning to make an offer to retain their Pro Bowl running back, the New York Post’s Ryan Dunleavy reports the team has not submitted one this offseason. The Giants will lose their exclusive negotiating rights with Barkley at 11am CT on Monday, when the legal tampering period begins.

[RELATED: Darren Waller Considering Retirement]

This year’s legal tampering period will be Barkley’s first chance to negotiate with a team other than the Giants since they drafted him second overall in 2018. The Giants passed on franchise-tagging Barkley a second time, at a rate just more than $12MM, and may be ready to bid farewell to the six-year starter. While this is a crowded free agent running back class, Barkley is expected to draw the most attention. Barkley reaching the tampering period unsigned obviously increases the chances he will play elsewhere in 2024.

The Giants could not resume Barkley negotiations until after the regular season ended, but they have now had nearly two months to make another offer. Not doing so runs in stark contrast to last year, when they frantically attempted to retain both Barkley and Daniel Jones. The team ended up re-signing Jones and tagging Barkley minutes before last March’s tag application deadline. It is worth wondering the alternate reality of what would have played out if the team had reversed those moves, as Jones may be going into his last season as Giant — as persistent rumors about the team drafting a QB emerge.

No signs exist the Giants will ramp up talks at the 11th hour, Dunleavy adds, with the team potentially ready to let Barkley see what kind of offers come on the open market. GM Joe Schoen said a second tag was a consideration, but a rumor also emerged last month that the team was leery of Barkley’s age (27) and making another notable commitment. That said, the Giants are believed to have offered Barkley a deal including $22MM guaranteed last summer. The team reducing the offer’s AAV below $12MM, however, helped influence the former Offensive Rookie of the Year to pass. The Giants passed on trade interest at the deadline, despite a poor start. That sets the stage for this free agency foray.

Many backs will be available for the Giants in free agency. Josh Jacobs, Tony Pollard, Austin Ekeler, Derrick Henry, D’Andre Swift and Gus Edwards are ticketed for free agency in one of the best RB classes in the free agency era. Devin Singletary, who played in Brian Daboll’s offense for three seasons in Buffalo, also could appeal to the Giants at a lower cost. With Barkley likely the most expensive player in this crowded group, the Giants may be ready to add one of the other vets at a reduced rate.

It is possible the Giants will lose both Barkley and Xavier McKinney next week. The team did not use the transition tag on McKinney. Kyle Dugger‘s transition tag may have played a role. With Dugger tagged, McKinney naturally becomes a more attractive piece in free agency. The Giants would not have been entitled to any compensation if McKinney signed an offer sheet they did not match. Had the Giants transition-tagged McKinney, they also would not have been entitled to a 2025 compensatory pick if they did not match an offer sheet, as CBS Sports’ Jonathan Jones points out. Transition-tagged players no longer count toward the compensatory formula.

FA Notes: Chiefs, Jones, Evans, Titans, Pats, Giants, Panthers, Falcons, Jags, Bucs, Rams

Buzz about the Chiefs re-signing Chris Jones surfaced last week, and while that trail has gone a bit cold, some optimism still exists the defending champions can keep their top defender off the market. Many around the league do not expect Jones to leave Kansas City, per ESPN.com’s Jeremy Fowler, but they do not anticipate a discount coming to pass. Jones stuck to his guns last year during a holdout that cost him more than $3MM between fines and a missed game check; that would make it rather shocking if he agreed to a team-friendly deal now.

The Chiefs reaching the $27-$28MM-per-year range should help move this close to the finish line, Fowler adds. That said, Jones could probably — given the cap spike — make a run at Aaron Donald‘s $31.7MM AAV standard and the position’s guarantee record (Quinnen Williams‘ $66MM) if he reaches free agency. The Chiefs were not willing to go near the Donald AAV neighborhood during talks last year, and it will surely take a monster offer to keep Jones from testing free agency now.

With the legal tampering period less than a week away, here is the latest free agency news:

  • The Chiefs were also among the teams interested in Mike Evans, according to The Athletic’s Dianna Russini, who details what would have been a big market for the veteran wide receiver. Evans opted to re-sign with the Bucs on a frontloaded deal that included $29MM fully guaranteed. The Falcons, Giants, Jaguars, Panthers, Patriots, Rams and Titans were preparing to see what it could take to lure Evans out of Tampa. High-profile FAs regularly use the Combine to gauge markets before the legal tampering period, and Evans evidently determined this Bucs deal compared favorably to what he could have collected on the market. But with Tee Higgins and Michael Pittman Jr. franchise-tagged, Evans would have been the top WR available. That distinction may now fall to Calvin Ridley.
  • Speaking of the Bucs, they are not ruling out a reunion with Shaquil Barrett at a reduced rate, Jenna Laine of ESPN.com notes. Tampa Bay cut Barrett last week, removing an $18MM-per-year contract from their payroll. Barrett stands to generate interest as a street free agent, but the former Super Bowl standout and NFL single-season sack leader is going into an age-32 season and coming off a 4.5-sack showing in 2023.
  • Darnell Mooney may be one of the players who could benefit from Evans, Pittman and Higgins being off the market. Despite the Bears target failing to eclipse 500 receiving yards in each of the past two years, he posted a 1,000-yard season in 2021 and has been in a low-volume passing offense. Teams figure to check in on the deep threat, and ESPN.com’s Jeremy Fowler suggests the Chiefs and Titans as potential players. The Chiefs’ receiver woes were well documented last season, and they recently cut Marquez Valdes-Scantling. The Titans beat out the Chiefs for DeAndre Hopkins last year, but he is going into an age-32 season and signed for just one more year. Treylon Burks has also not shown much consistency yet.
  • Barring 11th-hour deals, this year’s safety market will feature Xavier McKinney and Kamren Curl. These two could do quite well without Antoine Winfield Jr. and Kyle Dugger in the mix, with ProFootballNetwork.com’s Adam Caplan noting Curl’s market could come in around $14MM per year. A line of demarcation may emerge after these NFC East starters, with Sportskeeda’s Tony Pauline adding a lucrative second wave should not be expected to transpire at this position. This is how the 2023 market played out, with a gulf forming between Jessie Bates and the field. Though, multiple others (Juan Thornhill, Vonn Bell, Donovan Wilson) collected eight-figure guarantees.
  • The Rams have talked terms with Kevin Dotson‘s camp, per GM Les Snead. They expect both he and center Coleman Shelton to hit the market. Dotson delivered a big contract year and should be expected to become one of the top earners on a crowded guard market. The Rams want Shelton back as well.

Giants Will Not Use Transition Tag On S Xavier McKinney

The safety market lost two key pieces today, with the Buccaneers franchise-tagging Antoine Winfield Jr. and the Patriots transition-tagging Kyle Dugger. The Giants will pass on cuffing their high-priority DB.

Rumored to be a transition tag candidate, Xavier McKinney is now close to reaching free agency. The Giants will not place the lesser-used tag on McKinney, per NFL.com’s Ian Rapoport and Mike Garafolo. This points to the Giants needing to compete with other teams on the open market next week.

It would have cost the Giants $13.8MM to use the transition tag on McKinney. As of now, the team holds just more than $38MM in cap space. The Giants are not giving up hope of reaching an agreement with the safety starter, per the New York Post’s Paul Schwartz. But time is running out.

[RELATED: Giants Will Not Tag Saquon Barkley]

This decision opens the door to the Giants losing both McKinney and Barkley in free agency. Barkley is viewed as the top running back available, and although that status does not mean nearly as much as it once did, several teams will undoubtedly be in on the two-time Pro Bowler. McKinney will be in line to sign for more money, especially with Winfield off the market and the Patriots having the chance to match any Dugger offer sheet.

As of late last week, McKinney talks were not believed to have started. The sides had tabled negotiations to 2024, but we are now less than a week from the legal tampering period. Beginning 11am CT on March 11, unsigned players can begin talking to other teams and reaching agreements. Since the tampering period’s debut, most top free agents agree to terms in that 48-hour window. Planning to pass on using tags this year, the Giants are in crunch time with their top free agents.

McKinney talks may be a bit complicated. The former second-round pick, despite missing chunks of two seasons due to injury, said in January he views himself as the NFL’s most complete safety. He does not have a Pro Bowl on his resume. It would seem unlikely, then, the Alabama product agrees to terms with the Giants before seeing what the market looks like.

McKinney set a new career high in tackles last season with 116, also reaching a personal best in pass deflections (11) and recording his second-best completion percentage allowed when in coverage (63.1%). McKinney, 25, missed 10 games as a rookie and then eight in 2022. But he will certainly be one of the top defensive free agents available.

The Giants have seen a few safeties leave in recent years. After the Landon Collins, Jabrill Peppers and Logan Ryan exits (the latter being cut), the team lost Julian Love despite making multiple offers. The Giants factored in an eventual McKinney payment into their Love calculus, but it is entirely possible both will be gone soon.

Giants Looking Into Trading Up For QB

Daniel Jones‘ contract all but ensures he will be on the 2024 Giants. Beyond that, the former Eli Manning successor’s New York future is uncertain. Rumblings continue to surface about the Giants looking into quarterbacks in this draft class.

The team is looking into what it will take to move up for a quarterback next month, SI.com’s Albert Breer notes. GM Joe Schoen has indicated on several occasions the team will look at QBs this offseason, pointing out at least one will be added. The big question would be how the Giants add that passer and the to-be-determined signal-caller’s role on the team.

[RELATED: First-Round QB Pick On Giants’ Radar]

Should the Giants merely add a veteran backup who would provide insurance and serve as an offseason arm while Jones recovers from an ACL tear, it is not exactly a key storyline. That passer would slide into the background, presumably between Jones and Tommy DeVito, once the incumbent starter recovered. Schoen has said the team expects Jones to be back by training camp, and the third-year GM has proclaimed the veteran will be the team’s starter once he recovers.

The more intriguing storyline would certainly be a Giants first-round QB investment. Holding the No. 6 overall pick, the Giants would not be expected to land one of this draft class’ top three quarterbacks without trading up. Caleb Williams has been a mortal lock to go first overall for months, while Drake Maye loomed the next-best option for most of that stretch. Heisman winner Jayden Daniels, however, has gained considerable ground — to the point many expect the Commanders to take the LSU product at No. 2. Maye would then be positioned to go third to the Patriots — unless they trade back.

It would seem any Giants climb would need to be tied to that Patriots pick, as the Commanders would be highly unlikely to deal with their division rivals in a trade of this magnitude. The Pats are no strangers to first-round trade-down moves, but Bill Belichick not running the show may matter here. De facto Pats GM Eliot Wolf comes from an organization that has prioritized QB investments, with the Packers taking Aaron Rodgers during the second-generation personnel man’s early years in the front office. Passing on a chance to grab a passer without trading up would be a risk for a Patriots team that has seen Mac Jones take significant steps back over the past two seasons.

The Pats are expected to address their QB need in the draft, though free agency may be part of the plan as well. The team has been linked to Baker Mayfield, as Wolf and a few others on staff have ties to the Buccaneers QB. Of course, the Bucs still have until March 11 to prevent him from talking to other teams. And it would be costly for the Pats to sign Mayfield. Even though Wolf’s team leads the NFL in cap space, it would surprise if much of it was devoted to a veteran QB in free agency.

If New England were to view Maye (or Daniels) as too risky of an investment, then the prospect of a big haul from the Giants or another team would come into play. Given the demand that may exist here, it would surprise if the Patriots and Commanders did not at least consider the prospect of moving down — even at the risk of having no long-term QB plan.

Jones did not impress before his ACL tear last season, though the Giants again fielded a low-level skill-position group and encountered several offensive line injuries. But the Giants can get out of Jones’ contract fairly easily in 2025. With Schoen not being in place when the Giants drafted Jones, it is logical he will explore avenues to a higher-upside prospect.

Giants Will Not Tag Saquon Barkley

Giants general manager Joe Schoen has left the door open to a second Saquon Barkley franchise tag being used this offseason. That will not be the case, however; New York will elect not to tag Barkley, Ian Rapoport of NFL Network reports.

This represents the expected outcome, as a free agent spell has long been on the horizon for Barkley. The former No. 2 pick has played out his rookie contract (including the fifth-year option) as well as a 2023 franchise tag during his six years in New York. For the first time, though, he will be able to test the market. A deal keeping him with the Giants after doing so remains in the cards, CBS Sports’ Josina Anderson confirms.

A second Barkley tag would have checked in at a cost of $12.1MM. Using it would have prevented the franchise (or, perhaps more likely, transition) tag being applied to safety Xavier McKinney. Teams are free to use one tag in any given offseason, but not both. McKinney receiving the transition tag remains a “very strong possibility,” according to Ryan Dunleavy of the New York Post.

That route has been floated as a potential path for New York to keep the latter, who profiles as a higher priority given his age and the lack of high-end safeties set to reach free agency. Paying greater attention to McKinney will allow New York to avoid seeing a safety starter depart in free agency as Julian Love did in 2023. Talks on a long-term McKinney agreement are ongoing.

Barkley is on track to headline the list of available running backs, one which is notably long. Fellow 2023 tag recipients Josh Jacobs and Tony Pollard are also likely to reach the market, as are Derrick Henry, Austin Ekeler, D’Andre Swift and J.K. Dobbins. Of those, ESPN’s Dan Graziano writes Barkley is the likeliest to reach the $10MM-per-year mark on a new contract. Doing so will be difficult, though, given the state of the RB market in general and the bulk of available options this offseason in particular. Barkley, like Jacobs and Pollard, did not help his case for a lucrative pact during the 2023 season.

The Giants came close to an agreement with Barkley last offseason, with guaranteed money coming up as the main sticking point. That will likely be the case again as he enters his age-27 season. New York’s offense will (at least temporarily) include a major hole at the RB spot if Barkley departs, but that is a risk the team is formally prepared to run.

Giants To Release OL Mark Glowinski

Mark Glowinski‘s stint with the Giants has come to an end after two years. The team is releasing the veteran guard, according to ESPN’s Jeremy Fowler.

Glowinski signed a three-year, $20MM deal with the Giants back in 2022. This move will save the organization $5.7MM against the cap, per Fowler.

The former fourth-round pick served mostly as a backup during his time with the Seahawks, but he emerged as a starter while in Indianapolis. Glowinski started 55 of his 59 appearances for the Colts, with Pro Football Focus grading him as a top-25 guard in three of his four seasons with the team.

The cash-strapped Giants made him one of their big-name signings during the 2022 offseason, and the veteran ended up starting all 16 of his appearances during his first season in New York. Things didn’t go nearly as well during his second season.

Glowinski was benched following a poor Week 1 showing, with Marcus McKethan taking over as the starting right guard. Glowinski was only used as an injury fill-in for the rest of the season, starting six of his 13 appearances. The 31-year-old lineman was limited to only 520 offensive snaps, his lowest total since 2017.

The veteran guard will likely have to settle for a one-year deal during this visit to free agency, but Pro Football Focus shows that the lineman hasn’t completely fallen off. The site graded him 25th among 79 qualifying guards this past season, including a top-15 grade for his run-blocking ability.