The Giants and Jason Pierre-Paul could still hammer out a cap-smoothing extension, but it won’t happen today, according to Seth Walder of the Daily News. 
The deadline for a new deal isn’t until July 15th, so there’s still plenty of time. However, the Giants would probably like to clear out that space today so that they can do a little extra work on the free agent market.
As it stands, JPP is slated to be on the books for $16.934MM in 2017. Given that they have already added a decent-sized contract in Brandon Marshall, the Giants don’t have very much space to work with. No one expected the G-Men to go on a shopping spree like they did one year ago, but multiple holes still need to be addressed on both sides of the ball. Right now, it looks like they’ll focus more on the draft to get those upgrades.
Pierre-Paul played in 12 games before his 2016 ended in December on account of core muscle surgery, though he showed well with seven sacks and three forced fumbles. Pierre-Paul also ranked 13th among Pro Football Focus’ 109 qualified edge defenders and totaled the league’s 15th-most QB hurries (24).
Disappointing. They are not going to be able to fill everything in the draft. The franchising of JPP hampers them. They desperately need two O-lineman, a pass catching TE, a LB, and a DT.