4 contract decisions that will pay off for the NY Giants

3. Structuring Daniel Jones' contract the way Joe Schoen did

When the announcement was made that Daniel Jones signed a four-year, $160 million extension with the Giants, many people harshly overreacted. Sure, Jones may not be directly worth $40 million a year. However, when you consider both the QB market, and the details of his contract, it's not nearly as bad as you'd think.

Not only does Jones have a cap hit of just $21 million this season, but he also has an opt-out after the 2024 season. This means that a four-year deal could potentially be just a two-year deal worth much less than $160 million. We have faith that Jones will be worth this contract. However, it's nice to know that the Giants aren't screwed if this deal doesn't pan out.

People can complain about Schoen paying Jones so much, but considering that Jones just led the Giants to the NFC Divisional Round, Schoen basically had to keep him. Alongside this, what's worse? Giving your QB a massive deal that the team can get out of in two years, or completely starting over in one offseason without a top-10 pick to take a QB?

It's rather clear just how necessary bringing Jones back was. New York couldn't afford to start over at the most important position in the sport after making the playoffs. Honestly, the fact that Schoen was able to bring Jones back on the deal he did shows how genius of a GM he is. Someone like former GM Dave Gettleman wouldn't even have the thought to structure Jones's contract as Schoen did.