Earlier this week, we heard that the Giants had not yet engaged in contract talks with quarterback Daniel Jones, who is set to hit free agency in March. The contract statuses of Jones and running back Saquon Barkley, another impending FA, have been intertwined for some time, and while the cost of a nonexclusive franchise tag for Barkley (~$10MM) is much lower than it is for Jones (~$32MM), tagging Barkley would considerably reduce the club’s leverage in its negotiations with Jones, because Jones would then have the power to reject any offer and hit the open market.
As such, it makes sense that GM Joe Schoen has resumed discussions with Barkley and may want to get that matter settled before turning his attention to his signal-caller, whose surprisingly strong 2022 has him in an enviable financial position. Previous reports indicated that New York would be eyeing a $35MM/year contract for the Dave Gettleman draftee, and in speaking with six current or former high-ranking NFL execs, Ryan Dunleavy of the New York Post says that number sounds about right.
All six experts suggested that a new contract for Jones would feature an AAV between $30MM and $40MM. Of course, guarantees and cash flow are better indicators of the value of an NFL contract than the yearly average, but Jones is in good shape in that regard as well. Dunleavy’s sources suggest that Jones could be in line for $70MM in full guarantees and up to $100MM in total guarantees.
The Brian Daboll/Schoen partnership led to a playoff berth much sooner than many anticipated, and whether or not New York builds on its 2022 success will depend in large part on how it resolves the Jones and Barkley situations. Indeed, the Giants have plenty of other needs, including wide receiver, and even assuming they retain their QB1 and RB1, they will still need to maximize their cap flexibility to prevent regression from a roster that generally overperformed last year.
In addition to outside acquisitions, Schoen has current players not named Jones or Barkley that he may want to take care of. One of those players is safety Julian Love, who saw a massive spike in playing time in the fourth and final year of his rookie deal and who paced Big Blue with 124 tackles. Player and team talked contract during the Giants’ bye week, and Schoen recently reiterated his desire to keep Love in the fold. Per Connor Hughes of SNY.tv, the bye week discussions were fruitful, and it sounds as if a new deal could be on the horizon (Twitter link).
Fellow safety Xavier McKinney missed a chunk of time in 2022 due to a hand injury suffered in an ATV accident, but he has now accrued three years of service time and is therefore eligible for an extension. As Dan Duggan of The Athletic tweets, McKinney recently retained super-agent David Mulugheta, who represents some of the highest-profile safeties in the game. With so many other irons in the fire, it remains to be seen if Schoen will commence contract talks with McKinney in the coming weeks, but whenever it does happen, McKinney will be in good hands.
