We’re now less than a week away from the NY Giants and general manager Joe Schoen having to make one of the toughest decisions of the offseason: place Daniel Jones on the non-exclusive franchise tag or not. If Schoen goes that route, it would result in $32.4 million for Jones for the 2023 campaign.
However, there’s still plenty of hope that Jones and NY will be able to come to terms on a multi-year deal. In order for that to happen, though, Danny Dimes must reduce his number by a decent amount.
According for Paul Schwartz of the New York Post, the Giants are eyeing about $35 million a campaign for Jones.
NY Giants GM Joe Schoen has ‘no doubt’ Daniel Jones will be his starter in 2023
"“Perhaps the Giants and Jones’ camp can come closer to finding common ground on a multiyear contract, an outcome both sides want,” Schwartz wrote. “The Giants have until March 7 to either get a deal done or else put the franchise tag of $32.4 million on Jones to keep him off the open market. The Giants want the average-per-year for Jones to come in around $35 million but it is believed Jones’ camp wants at least $40 million per year.”"
This is where things will really start to get interesting for the Giants. If they’re eyeing $35 million, and Jones and his camp want at least $40 million, then the negotiations are going to have to take its next step within the next few days. Would Jones settle for $38 million a year, $3 more million than what the Giants are hoping for?
What Jones has to remember is that if NY does tag him, it would result in a $32.4 million cap hit for the team as well. The luxury of signing a long-term deal is that the Giants can get creative with the salary cap and it won’t tie the team’s hands. With the tag, it would prevent the Giants from fully being able to build around Jones.
That’s something Schoen – and obviously Jones – doesn’t want. In a perfect world, the two sides will get a deal done and also bring in several playmakers to help out the offense. By March 7, we’ll have a better idea of what’s going to happen, but per Schwartz’s report, it feels like there’s still a bit of a gap here.
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