Dexter Lawrence

NFC Restructures: Armstead, Lawrence, Okereke

As if they needed to, the 49ers made moves yesterday to increase their already NFL-leading unused salary cap space up to $42.29MM in 2023 (Overthecap.com). This time, San Francisco addressed the contract of defensive tackle Arik Armstead, according to Field Yates of ESPN.

The 49ers came to an agreement with Armstead, who’s currently playing on a five-year, $85MM contract, to convert $14.72MM of his 2023 base salary into a signing bonus while adding an additional void year to the end of his current deal. The moved resulted in $11.78MM becoming available in cap space for the 2023 season.

We mentioned yesterday that the additional cap space for the 49ers could have multiple uses that benefit the team. The obvious immediate benefit is that San Francisco should have plenty of flexibility around the trade deadline to make any necessary additions.

If second-year quarterback Brock Purdy decides to continue adding to his flawless regular season record and the team deems that no additions are necessary, the 49ers will be able to roll over unused cap space into 2024, when they’re projected to be $40MM over the salary cap. They’ll likely still make additions or adjustments in the offseason that will make it a closer call but having over $42MM of cap space to play with is insanely valuable.

Here are a couple of other restructures from another 2022 NFC playoff squad:

  • Shortly after rewarding defensive tackle Dexter Lawrence with a four-year, $87.5MM contract extension, the Giants have restructured his new deal for a bit of maneuverability in the team’s cap space, according to Jordan Raanan of ESPN. Lawrence’s 2023 base salary of $2.25MM was reduced down to $1.08MM with the difference of $1.17MM being converted into a signing bonus. This is a standard move at the start of the year to help create a bit of flexibility in the team’s salary cap.
  • New York also adjusted the contract of new linebacker Bobby Okereke, according to Raanan. Okereke’s 2023 base salary of $1.9MM was also reduced to $1.08MM with the $820K-difference being converted into a signing bonus. Along with Lawrence’s above restructure, the team was reportedly able to clear up about $1.55MM of cap space for 2023.

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.

Giants GM Joe Schoen On Contract Talks With Saquon Barkley, Dexter Lawrence

APRIL 30: As expected, the Giants and Barkley will resume contract talks now that the draft is over, as Jordan Raanan of ESPN.com writes. The two sides did, in fact, touch base last week and will now attempt to find some middle ground on a long-term accord. Big Blue selected a running back, Oklahoma’s Eric Gray, in the fifth round, but as Schwartz notes, Schoen told Barkley before the draft of his intention to pick up a mid-round RB so that Barkley would not be blindsided.

APRIL 23: The Giants have two standouts who have stayed away from the start of the club’s offseason program: DT Dexter Lawrence and RB Saquon Barkley. As Paul Schwartz of the New York Post observes, GM Joe Schoen is taking a markedly different approach in his negotiations with those two players.

With respect to Barkley, negotiations are non-existent at this time. The Giants have until July 17 to work out a long-term deal with Barkley, who was slapped with the franchise tag in March and who has yet to sign the franchise tender, worth $10.1MM. Obviously, there is still plenty of time for player and team to strike an accord that will keep Barkley under club control for the next few seasons, and discussions may resume once this week’s draft has concluded. Still, Schoen’s tone in his comments on the two-time Pro Bowler is noteworthy.

When asked if he is optimistic that Barkley will suit up for the start of the 2023 season, Schoen said, “you have to ask him. I’m not sure. I don’t know what his plan is.”

The Giants offered Barkley a multiyear contract worth $13MM per year in advance of the franchise tag deadline, though the guarantee and cash flow components of New York’s proposals have never been reported. And, while Barkley has said that he is not necessarily seeking to better Christian McCaffrey‘s $16MM AAV — the top mark among running backs — it has also been reported that he wants to at least be in that ballpark.

Clearly, there is a gap between the two sides, and it is unclear how wide that gap is. The suppressed RB market is hurting Barkley, who may ultimately have to do more compromising than the Giants if he wants to avoid playing the 2023 campaign on the tag. Of course, he could simply choose to not sign his tender and sit out the season, though that tactic ultimately proved to be the wrong choice for the last player to try it, Le’Veon Bell.

Schoen said that he has not spoken to Barkley’s camp in three or four weeks. “When we had the conversations with Saquon it was known we were going to get to a certain point and then we were gonna move on and regroup at some other time,” the second-year GM said. Schoen added that the Barkley situation will not influence his decision to select or not select a running back in the draft.

Lawrence, meanwhile, is presently scheduled to play out the 2023 season on the fifth-year option of his rookie deal, which will pay him $12.4MM. Reports last month indicated that progress was being made on an extension, and Schoen confirmed that there continues to be productive dialogue with Lawrence’s representation. Schwartz indicated that Lawrence is targeting a four-year pact worth $22MM per season.

In 2022, Lawrence set career-highs in tackles (68), sacks (7.5), and QB hits (28) en route to Pro Bowl and second-team All-Pro acclaim. Pro Football Focus ranked Lawrence second among 127 qualifying interior defenders, and he earned position-best marks for his run defense and pass rushing.

DL Dexter Lawrence Seeking Extension

Dexter Lawrence is pushing for a new contract. The Giants All-Pro defensive tackle won’t report to the start of the Giants offseason program as he pursues an extension, reports Pat Leonard of the New York Daily News.

[RELATED: Saquon Barkley Will Not Sign Franchise Tender Before Giants’ Offseason Program]

The former first-round pick is set to hit free agency following the 2023 season. He’s currently slated to earn $12.4MM this upcoming season via the fifth-year option, which the Giants picked up back in 2022. The Giants have been working on an extension with Lawrence, per Ralph Vacchiano of Fox Sports (on Twitter).

Following a 2021 campaign that saw him start a career-low 10 games, Lawrence came back with a vengeance in 2022. The defensive tackle set career-highs in tackles (68), sacks (7.5), and QB hits (28) en route to earning his first Pro Bowl nod and second-team All-Pro honor. Pro Football Focus ranked Lawrence second among 127 qualifying interior defenders, and he earned position-best marks for his run defense and pass rushing.

Considering Lawrence’s production last season, he should be eyeing a deal worth more than $20MM annually. There are currently six defensive tackles who top that mark, and while Lawrence will be hard pressed to match Aaron Donald‘s staggering $31.6MM average annual value, he could rival the contract that the Titans recently gave to Jeffery Simmons (four years, $94MM).

Lawrence won’t be the only Giants star skipping the start of the offseason program. We heard earlier today that Saquon Barkley won’t be signing his franchise tender prior to Monday as he pursues a long-term extension of his own.

Giants Rumors: Lawrence, Edwards, WRs, Love

The Giants have been eyeing an extension for star defensive tackle Dexter Lawrence for a while now and, following a breakout season, the team has made it a priority. New York started preliminary conversations with Lawrence about two weeks ago, but Jonathan Jones of NFL on CBS claims he wouldn’t be surprised to see a new deal done “sooner than later.”

Despite the ever-growing markets for every position, the league’s market for defensive tackles has never been near the contract of generational talent Aaron Donald. It appears that this will continue to be the case as we see the defensive tackle market reestablished this offseason. Washington has already made Daron Payne the new second-highest paid defensive tackle in the NFL behind Donald with a four-year, $90MM contract. Payne’s average annual value of $22.5MM is still well short of Donald’s $31.67MM per year.

It will be interesting to see where the Giants go from Payne’s deal. Payne established himself as a premier pass-rushing defensive tackle in the league this season but struggled in run defense. Lawrence didn’t have the pass rush production that Payne did but still excelled in the area while also being strong against the run.

Lawrence graded out as the second-best defensive tackle in the league this year, according to Pro Football Focus (subscription required). It would make perfect sense for the Giants to reward Lawrence with a contract that surpasses that of Payne’s new deal, but will Lawrence be able to come anywhere close to the heights reached by Donald?

Here are a few more rumors surrounding the Giants’ priorities at the start of the new league year:

  • Starting the offseason with 21 unrestricted free agents, New York had a laundry list of names and positions to take care of. One of those positions that has been getting some chatter is inside linebacker. Specifically, the Giants have continuously been connected to Eagles pending free agent linebacker T.J. Edwards, according to Ryan Dunleavy of the New York Post. The four-year Philadelphia defender has had two increasingly impressive breakout seasons, recording career-highs last year in total tackles (159), tackles for loss (10), sacks (2.0), quarterback hits (5), and passes defensed (7). Aside from Edwards, the top name expected to be available at the position is Tremaine Edmunds from Buffalo. Other names of interest for the G-Men include the Commanders’ Cole Holcomb, the Bengals’ Germaine Pratt, the Cowboys’ Leighton Vander Esch, the Lions’ Alex Anzalone, and the Chargers’ Drue Tranquill.
  • The wide receivers position has been an obvious need on the Giants’ roster for some time now, but it doesn’t appear that the Giants intend to address that through free agency, according to Pat Leonard of New York Daily News. With their focuses in free agency and the draft reportedly on inside linebackers, defensive linemen, cornerbacks, and interior offensive linemen, thoughts are that the trade market may make more sense for New York. If the Bills aren’t able to reach an extension agreement with Gabriel Davis, the Giants could be strong contenders to acquire his talents. The Rams have granted receiver Allen Robinson permission to seek a trade. Cardinals star receiver DeAndre Hopkins appears to be available for a price, as well. There are other names that could be interesting additions to the trade market such as Cincinnati wideout Tyler Boyd or Denver’s Jerry Jeudy. The team might still make free agency moves for veterans like Cole Beasley or Odell Beckham Jr., but the trade market could be a more attractive way to bring in established talent to New York.
  • There is reportedly optimism that the Giants will be able to come to an agreement to re-sign pending free agent safety Julian Love. After two seasons of relatively down play, Love had a bounce-back, breakout season in a contract year. He led the team in tackles by a mile with 124 total and tacked on two interceptions for good measure. Love may not be expected to make top money at the position, but after playing out his rookie contract, it appears Love is on the right track to remaining in New York long-term.

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.

Dexter Lawrence Eyeing Giants Extension

Displaying considerable growth as a pass rusher, Dexter Lawrence has put together his best season. The only piece of the Odell Beckham Jr. trade left on either team has offered a breakout year and is on track for what should be a monster payday.

Lawrence would prefer that contract come from the Giants. While he did not follow Kadarius Toney‘s lead by having a detailed layout of the New York skyline tattooed on his back, a Giants tattoo adorns Lawrence’s arm. Unlike Toney, it seems improbable Lawrence will need to consider any potential alterations anytime soon.

I do want to be a Giant forever. I got it tatted on me,” Lawrence said, via the New York Post’s Ryan Dunleavy. “I love this organization, the people in it and what it means. I grew up a Giants fan. If it is meant to be, it will be.”

The Giants drafted Lawrence with the first-round pick obtained from the Browns in the Beckham deal in 2019. With Beckham, Olivier Vernon, Kevin Zeitler and Jabrill Peppers no longer with the Browns or Giants, Lawrence is the only part of that trade still in place. He has joined other Dave Gettleman-era investments — like Saquon Barkley, Daniel Jones, Andrew Thomas and Leonard Williams — in driving the would-be rebuilding team to a playoff berth in the Brian DabollJoe Schoen regime’s first season.

Lawrence, 25, graded as Pro Football Focus’ No. 1 interior defensive lineman this season. The Clemson product totaled 7.5 sacks and 28 quarterback hits, smashing career-high numbers, in his first season under DC Don Martindale. The 342-pound defender also forced two fumbles and batted down three passes this season, a campaign that will put him in position to be one of the players set to bridge the gap between Aaron Donald and the field at D-tackle.

Lawrence, Jeffery Simmons, Quinnen Williams and Daron Payne are candidates to bridge what is now a staggering gap between Donald ($31.7MM per year) and the field ($21MM AAV). Leonard Williams is one of the two players on a $21MM-per-year deal, complicating Big Blue’s path a bit. Williams’ contract expires after the 2023 season, and the Giants would have the franchise tag as a Lawrence last resort come 2024. The Giants are projected to hold nearly $60MM in cap space next year, good enough for third-most — as of mid-January — in the league. CBS Sports’ Joel Corry said (via Dunleavy) Lawrence waiting until after Simmons and Quinnen Williams sign would be a better option for his extension value, but this season has undoubtedly driven his stock skyward.

The 2023 offseason will be a busy one for the Giants, who have Barkley and Jones looming as free agents-to-be. Once those dominoes fall, however, Lawrence figures to move to center stage for Schoen. The rookie GM has some interesting decisions to make thanks to a host of the previous regime’s first-rounders either resurfacing as impact players (Barkley) or taking leaps (Lawrence, Jones) this season.

2023 NFL Fifth-Year Option Results

Monday marked the deadline for NFL clubs to officially pick up their options on 2019 first-rounders. Fifth-year option seasons are no longer just guaranteed for injury — they’re now fully guaranteed, which makes these decisions a little tougher for teams.

Nineteen players had their options exercised, a tick up from 14 last year. Here’s the full rundown:

1. QB Kyler Murray, Cardinals – Exercised ($29.7MM)
2. DE Nick Bosa, 49ers: Exercised ($17.9MM)
3. DE Quinnen Williams, Jets: Exercised ($11.5MM)
4. DE Clelin Ferrell, Raiders: Declined ($11.5MM)
5. LB Devin White, Buccaneers: Exercised ($11.7MM)
6. QB Daniel Jones, Giants: Declined ($22.4MM)
7. DE Josh Allen, Jaguars: Exercised ($11.5MM)
8. TE T.J. Hockenson, Lions: Exercised ($9.4MM)
9. DT Ed Oliver, Bills: Exercised ($10.8MM)
10. LB Devin Bush, Steelers: Declined ($10.9MM)
11. OT Jonah Williams, Bengals: Exercised ($12.6MM)
12. LB Rashan Gary, Packers: Exercised ($10.9MM)
13. DT Christian Wilkins, Dolphins: Exercised ($10.8MM)
14. G Chris Lindstrom, Falcons: Exercised ($13.2MM)
15. QB Dwayne Haskins:
16. DE Brian Burns, Panthers: Exercised ($16MM)
17. DT Dexter Lawrence, Giants: Exercised ($10.8MM)
18. C Garrett Bradbury, Vikings: Declined ($13.2MM)
19. DT Jeffery Simmons, Titans: Exercised ($10.8MM)
20. TE Noah Fant, Seahawks: Exercised ($6.9MM; originally drafted by Broncos)
21. S Darnell Savage, Packers: Exercised ($7.9MM)
22. OT Andre Dillard, Eagles: Declined ($12.6MM)
23. OT Tytus Howard, Texans: Exercised ($13.2MM)
24. RB Josh Jacobs, Raiders: Declined ($8MM)
25. WR Marquise Brown, Cardinals: ($13.4MM; originally drafted by Ravens)
26. DE Montez Sweat, Commanders: Exercised ($11.5MM)
27. S Johnathan Abram, Raiders: Declined ($7.9MM)
28. DE Jerry Tillery, Chargers: Declined ($11.5MM)
29. DE L.J. Collier, Seahawks: Declined ($11.5MM)
30. CB Deandre Baker — N/A (released by Giants)
31. OT Kaleb McGary, Falcons: Declined ($13.2MM)
32. WR N’Keal Harry, Patriots: Declined ($12.4MM)

Giants Decline Daniel Jones’ Fifth-Year Option, Exercise Dexter Lawrence’s

The Giants have become the latest team to make their decisions with respect to 2019 first rounders. Not surprisingly, they declined to pick up the fifth-year option on quarterback Daniel Jones (Twitter link via NFL Network’s Judy Battista). 

Jones, the sixth overall pick and second QB off the board that year, has failed to live up to expectations so far in his career. He has started all but one game during his three years with the team, compiling a 12-25 record. His completion percentage (62.8% overall) and yards per attempt average (6.6) have remained consistent throughout his tenure, representing an underwhelming level of development in his passing ability. That, coupled with a combined 49 turnovers (29 interceptions and 20 lost fumbles) make this the expected move.

Picking up the option would have given Jones a guaranteed 2023 salary of $22.4MM. Instead, he will now enter the 2022 campaign knowing his future with the team will be exclusively tied to his level of play under new head coach Brian Daboll. Ownership has publicly backed the Duke alum as the starter of the immediate future, so this news shouldn’t have an effect on the team’s draft plans.

Meanwhile, the Giants announced that they did exercise the option on defensive linemen Dexter Lawrence. He becomes the fifth player at that position to be retained through 2023 via the option. Without a Pro Bowl to his name, he will earn $10.753MM that season. The 24-year-old has started 41 of 48 career games, putting up solid, if unspectacular, numbers. Overall, he has totalled 145 tackles and nine sacks across his three seasons in the league.

As the Giants head towards a 2022 campaign in which significant improvement is expected, they now have a bit more certainty with respect to 2023 as well.

NFL COVID-19 List Updates: 1/4/22-1/5/22

Here are Tuesday and Wednesday’s activations from and placements on the reserve/COVID-19 lists:

Arizona Cardinals

Atlanta Falcons

Baltimore Ravens

Carolina Panthers

Chicago Bears

Cincinnati Bengals

Cleveland Browns

Dallas Cowboys

Denver Broncos

Detroit Lions

Green Bay Packers

Houston Texans

Indianapolis Colts

Jacksonville Jaguars

Kansas City Chiefs

Las Vegas Raiders

Los Angeles Chargers

  • Activated from reserve/COVID-19 list: TE Jared Cook, LB Damon Lloyd (remains on IR)

Minnesota Vikings

New Orleans Saints

New York Giants

New York Jets

Philadelphia Eagles

Pittsburgh Steelers

San Francisco 49ers

Seattle Seahawks

Tampa Bay Buccaneers

Tennessee Titans

Washington Football Team