Giants QB Daniel Jones is Getting the Franchise Tag

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Daniel Jones and the Giants Beat the Clock, Agree on Extension


The New York Giants and Daniel Jones have beat the clock and agreed on a long-term extension. This is according to Mike Garafolo of the NFL Network.

Despite the Giants working with Daniel Jones’ representatives down to the wire, the two sides couldn’t agree. ESPN’s Jeremy Fowler reported today that the Giants and Jones’ representatives have been working all day, and as of 1:30 PM CT, no tag was applied. Still, Fowler believes there was significant ground to cover this morning.

However, they made up that ground and beat the clock by literally minutes. They even caused me to trash the shell I had pre-written for the franchise tag scenario.

According to Ian Rapoport, the new deal is for four years and is worth $160 million with $35 million more available in incentives.

The deal is interesting because both sides found a happy medium. Unfortunately, that’s rare these days. Jones’ new deal is similar to the one Dak Prescott signed in 2021. Prescott’s deal was a four-year deal worth $160 million with $126 million guaranteed. Prescott’s guarantees included his 2021 and 2022 base salaries and an additional $66 million.

So, Jones gets a deal that breaks down to about $40 million per year, roughly $5 million less than Jones was rumored to be asking for.

But it also gives Jones the ability to meet or exceed his original ask with his performance. It also allows the Giants to tag and continue to negotiate with Saquon Barkley and add some more pieces around Jones.

Seems like a win-win for all parties involved.

Author: Patrick K. Flowers

Patrick is the Lead NFL Writer at Bleacher Nation. You can follow him on Twitter @PatrickKFlowers.