The preparation for the 2023 campaign begins now for the NY Giants. After an immensely successful debut season in New York for Brian Daboll and Joe Schoen, the pair have set their sights on ’23 in hopes to continue the upward trajectory of the franchise.
The NFL announced recently that the 2023 salary cap will be $224.8 million, the highest in NFL history, according to the NFL Network’s Tom Pelissero. The 2022 salary cap was $208.2 million.
The Giants currently hold $44.4 million in cap space. However, NY is expected to cut Kenny Golladay, which will put them over $50 million for available space. With this, the Giants are armed with 11 draft picks and a ton of cap flexibility, giving the front office ample resources to keep things moving forward. Here are four moves the NY Giants should focus on:
4. Sign Daniel Jones to a multi-year extension
In the modern NFL, if you do not have a good quarterback, you simply can’t compete. The first priority this offseason must be locking up Jones. After a phenomenal 2022 in which Jones posted career highs in nearly every statistical category, Danny Dimes is ready to cash in big time.
The national media has not yet caught up to how good Jones really is. Jones posted the sixth-best QBR in football in 2022, which cemented his status as the Giants franchise quarterback. After surveying the NFL quarterback landscape, there are only seven quarterbacks I would rather have than Jones long term.
Spotrac projects Jones’ new contract to have an average annual value of $26.1 million per year, but since he plays a premium position, it’s fair to assume it will be closer to $30-$35 million per year. Signing Jones to a three-year or four-year deal is what fans are hoping for. If it’s four years, $150 million may be the sweet spot.
The Giants should have a Plan B ready in case Jones seeks something crazy like $40 million or more a season. The hope is that Jones and the front office can get on the same page, though Schoen recently said that the two sides are yet to have conversations on a new deal. Schoen needs to get something done here.