Daniel Jones’ contract extension with the New York Giants last came as they only had about five minutes off last week before the franchise tag deadline hit.
Jones and the Giants agreed to a four-year contract extension, as it appeared the former Duke standout did enough in his first season with Brian Daboll to warrant the new deal. The contract is worth $160 million, officially securing their quarterback for the long haul.
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New York Giants quarterback Daniel Jones, #8, warms up before the National Football League game between the New York Giants and the Indianapolis Colts on January 1, 2023 at MetLife Stadium in East Rutherford , New Jersey. (Rich Graessle/Icon Sportswire via Getty Images)
New York Giants number 8 Daniel Jones looks on against the Philadelphia Eagles at Lincoln Financial Field on January 8, 2023 in Philadelphia. (Mitchell Leff/Getty Images)
In The Monday Morning QuarterbackNFL journalist Albert Breer broke down how negotiations played out over the course of the winter with Jones hiring new agents and representatives working with the Giants to close the deal in the last hour.
With four minutes to go before the deadline, Jones and the Giants were still at an impasse. Both sides were still working on a deal to put the finishing touches on what Jones’ incentives to increase the value of his deal might look like. Breer wrote that Giants general manager Joe Schoen said he trusted Jones, but joked that he didn’t trust Brian Murphy, Jones’ agent and president of Athletes First.
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Joe Schoen, general manager of the New York Giants, speaks to reporters during the NFL Draft Combine at the Indiana Convention Center on March 1, 2022 in Indianapolis. (Michael Hickey/Getty Images)
«Schoen suggested they take the deal, in the absence of an actual contract,» Breer wrote. «Murphy replied that a little finger swear and a hug would be better. So they put their little fingers together and hugged, and the deal was agreed with four minutes to spare.»
Jones and the Giants would accept the extension and tag running back Saquon Barkley at the same time. All with just a few minutes to spare. The deal could be worth up to $195 million with incentives.
«That’s the only way this deal worked, both sides were willing to roll up their sleeves and forget about traditional negotiation tactics, not worrying about who calls whom or whose turn it is to make a proposal, and just work hard.» . Murphy said.
Daniel Jones, number 8 of the New York Giants, runs with the ball against the Philadelphia Eagles during the NFC Divisional Playoff game at Lincoln Financial Field on January 21, 2023 in Philadelphia. (Mitchell Leff/Getty Images)
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«Because this was the best result for everyone. It was really good. I was proud of the transparency throughout the whole process, we were very direct and open with Joe and his entire team, and they were with us… No one hid the fact that we wanted to do this. It’s the right result, 100%.»