Giants and QB Daniel Jones Reach Long-Term Deal

The New York Giants and quarterback Daniel Jones have reportedly reached an agreement on a four-year $160 million deal, with additional incentives worth an upwards of $35 million, sources told NFL Network's Mike Garafolo and Ian Rapoport.

It's going to be a 4-year deal worth $160M, sources say, with $35M more in upside. They are finalizing. https://t.co/MTWTE4JVRl
— Ian Rapoport (@RapSheet) March 7, 2023

The Giants and Jones agreed to the deal shortly before the 4 p.m. ET franchise tag deadline on Tuesday. The full structure of the contract, specifically the guarantees of the deal will release with time to show how much exactly Jones will earn on a yearly basis, but Tom Pelissero of NFL Network reports that Jones will garner a whopping $82 million in the first two years of his newly inked deal.

Daniel Jones gets $82 million over the first two years. https://t.co/pXfYurbZqW
— Tom Pelissero (@TomPelissero) March 7, 2023

The New York club rewarded Jones with a long-term deal after he helped lead the Giants to the postseason for the first time since 2016 this past year, and led them to a playoff victory against the Minnesota Vikings (31-24).

Jones started in all 16/16 games in 2022-23 throwing for 15 touchdowns against five interceptions for 3,205 yards, and in his first ever postseason campaign he through for an additional two touchdowns with one interception for 436 yards.