NFL Rumors: Daniel Jones nearing massive $160 million contract extension with Giants
New York Giants quarterback Daniel Jones is about to get the bag. After the Giants did not choose to pick up his fifth-year option, Jones can be a free agent this offseason.
However, the quarterback had a vastly improved season under Brian Daboll that saw career highs for him in completion percentage, passing yards, and wins. This seems to have caused the Giants to change their mind over Jones as their franchise quarterback. But it's going to cost them.
Per Jeremy Fowler of ESPN, Jones is on the brink of signing a massive four-year, $160 million deal. But he stated that the quarterback's initial asking price of $48 million a year would need to be lower. Yikes!
Update: Some around the league expect #Giants QB Daniel Jones to sign a 4-year deal in excess of $160M, per @JFowlerESPN
Jones would need to reduce his initial asking price of $48M per year.
The team will use the tag on him if no deal is reached, per @tompelissero https://t.co/7cCW5LEYiu
NFL Network's Tom Pelissero stated that if a new deal can't be agreed between the two parties, then the franchise would use the non-exclusive tag for Jones. That would cost the team $32.416 million for the year.
We have seen Kirk Cousins make plenty of money while with Washington as he was tagged multiple times before securing the bag in Minnesota.
The big talking point is whether Jones is worth that amount of money after essentially only having one good year out of four? Unfortunately, for the Giants, what the quarterback is asking for is the going rate in the NFL. If they want to keep a hold of him, they have to pay up.
Daniel Jones set to stay in New York
Few players have divided opinions like Daniel Jones has in New York. Taken in the first round of the 2019 NFL Draft with the sixth overall pick (that alone raised eyebrows), he hasn't set the league alight like the Giants thought he would.
However, last season, we finally saw glimpses of what his talent looks like when it all comes together. It yielded a first playoff appearance and win (on the road against the Vikings) along with career highs in several key quarterback stats.
Now, after his future looked certain to be away from the Giants, it looks as if he will be hanging around for at least one more season in the Big Apple.
The only deterrent is the asking price he is wanting. There has to be some wriggle room in the negotiations, otherwise Daniel Jones' days in New York will be numbered yet again.