BREAKING: New York Giants Acquire Star Tight End From Raiders

In a shocking update, the New York Giants are reportedly trading for Las Vegas Raiders' star tight end Darren Waller.

Blockbuster: The #Giants are finalizing a trade to acquire star TE Darren Waller from the #Raiders, per sources. pic.twitter.com/bNNGJvIKfI

— Tom Pelissero (@TomPelissero) March 14, 2023

As of right now, the Giants are sending a third-round pick (No. 100) back to Las Vegas, the pick they received from the Kansas City Chiefs for wide receiver Kadarius Toney.

Trade compensation: Giants are sending a third-round pick (No. 100) to Las Vegas for TE Darren Waller, per sources.

— Adam Schefter (@AdamSchefter) March 14, 2023

In short, the #Giants traded Kadarius Toney for Darren Waller.

— Ian Rapoport (@RapSheet) March 14, 2023

Waller still has four more years remaining on his contract with the Giants owing him at least $10.5 million in base salaries for each year left on his contract.

Darren Waller is under contract for 4 more seasons. Here’s what the Giants owe him:

2023: $11M salary, $200K workout bonus, up to $1.25M in per-game bonuses
2024: $10.525M salary, 200K workout bonus, up to $1.25M in per-game bonuses
2025: $11.525M salary, $200K workout bonus, up… https://t.co/uDJv3M8BqE

— Field Yates (@FieldYates) March 14, 2023

Waller is considered one of the top receiving tight ends in the league, having racked up over 1,000 receiving yards in each of the 2019 and 2020 seasons.

However, his availability has been limited over the past two years due to injuries, playing in only 20 games and recording 83 receptions for 1,053 yards and five touchdowns during that span.

Despite his injury history, the Giants are confident that the soon-to-be 31-year-old will make an immediate impact and significantly improve their offense. He's entering his eighth NFL season.

Last season, the Giants' tight ends combined for less than 600 receiving yards, so Waller's arrival is a significant upgrade, if he can stay healthy.

This is the kind of creative move that Joe Schoen needed to find in order to upgrade the weapons for Daniel Jones. The can be a great move IF they can keep Darren Waller on the field. Has played just 20 of 33 games past two seasons. He's 30 years old.

— Jordan Raanan (@JordanRaanan) March 14, 2023

The Green Bay Packers reportedly offered the Raiders a second-round pick for Waller at the trade deadline this past season and Las Vegas turned them down.

The Raiders, on the other hand, will have to rely on their wide receivers for their passing game after losing Waller. They did sign Jakobi Meyers on Tuesday, but Waller's departure leaves a significant hole in their offense.

Photo Credit:  Stephen R. Sylvanie-USA TODAY Sports