The New York Giants have secured quarterback Daniel Jones with a four-year, $160 million contract and have utilized their nonexclusive franchise tag on running back Saquon Barkley just before the NFL’s Tuesday 4 p.m. ET deadline for franchise and transition tags.
According to ESPN’s Jordan Raanan, Jones will receive $82 million guaranteed at signing, and his deal also includes up to $35 million in incentives. Meanwhile, Barkley is set to earn $10.091 million in 2023 under the nonexclusive franchise tender.
BREAKING: Giants signing QB Daniel Jones to four-year extension worth $160M. (via @MikeGarafolo, @RapSheet) pic.twitter.com/Zct3ssIkj5
— NFL (@NFL) March 7, 2023
Former Giant Eli Manning commented on the explosive deal, tweeting out “Love it!!”
Manning’s tweet was a response to Saquon Barkley’s congratulatory tweet for DJ as well. Barkley, who got tagged, said “Congrats brudda !!!”
Love it!! https://t.co/ckJoh7HUOR
— Eli Manning (@EliManning) March 7, 2023
Giants general manager Joe Schoen had previously expressed his desire to retain both players, and the long-term deal for Jones made that possible.
Jones, who will turn 26 in May, is fresh off the most productive season of his career and led the Giants to their first winning record since being drafted in the first round in 2019. He also played exceptionally well in leading the team to a playoff victory over Minnesota, setting the stage for nearly two months of contract negotiations.
Extend Daniel Jones ✅
Franchise tag Saquon Barkley ✅Quite the day for the @Giants pic.twitter.com/imCFF5v4kb
— NFL on CBS 🏈 (@NFLonCBS) March 7, 2023
Last season, Jones passed for 3,205 yards, 15 touchdowns, and five interceptions while also rushing for 708 yards and seven touchdowns.