New York Giants reach 4-year, $160 million deal with QB Daniel Jones ahead of tag deadline

It’s arguable that Daniel Jones raised his stock more than any other potential 2023 NFL free agent. Now, he’s being rewarded for it.

After a tremendous season, Jones has signed a four-year, $160 million contract to stay with the New York Giants, according to Ian Rapoport and Mike Garafolo of NFL Network.

When Daniel Jones was drafted No. 6 overall by the Giants during the 2019 NFL Draft, many had the same thoughts regarding the pick. Experts and fans alike wondered how a franchise could put all their faith on the shoulders of a quarterback from Duke.

At the time, Giants general manager Dave Gettleman was labeled crazy for the selection. However, it’s aged well for Gettleman, unlike many of his other moves when he was the man calling the shots in New York. He can at least take pride in the fact that Jones panned out.

His debut set the stage, as Jones led a miraculous comeback against the Tampa Bay Buccaneers. However, the next couple of seasons would be marred by bad coaching, turnovers and a whole lot of losing, whether you blame Jones for it or now. Then, Brian Daboll came to New York, and Jones turned over a new leaf.

Last season, he proved he was more than capable of being a upper-tier NFL quarterback, passing for 3,205 yards and 15 touchdowns to just five interceptions, while rushing for 708 yards and seven touchdowns as well.

As an ascending quarterback, Daniel Jones is arriving and will only continue to improve. The NFL has another young, talented quarterback on their hands.

More on the 2023 NFL offseason, free agency

The NFL 2023 calendar year is set to begin at 4 p.m. ET on March 15 when contracts running through 2022 will officially run out, making those players free agents. Prior to the beginning of free agency, teams will have a chance to designate one franchise or transition tag player, starting on Feb. 21 at 4 p.m. ET and ending on March 7. Beginning March 13 through March 15 teams will be allowed a legal negotiation with players who are set to become unrestricted free agents.

In addition to NFL free agency, the new year also marks the beginning of all trades being made official by the league office. April 21 marks the deadline to sign restricted free agents to offer sheets while April 26 marks the deadline for teams to match restricted free agent offers sheets. 722 players are slated to become free agents in 2023.

More on restricted, exclusive rights free agents

Players with only three years of accredited NFL experience become restricted free agents. Their original team will have the option to apply first-round, second-round, original-round, and right-of-fight-of-first-refusal tenders on players at escalating price tags. The higher the round, the more expensive the tender amount; however, if a separate team does offer a contract and the original team does not match that round pick will be conveyed from the new team to the original team. Right of first refusal only gives a team the option to match or not. If they don’t match, they get nothing in return. An original-round tender would send a draft pick from whatever round the player was drafted back to the original team if they chose not to match. The original team will have five days to match once a player signs an offer sheet from a new team.