Giants strike deal with Daniel Jones, use tag on Saquon Barkley

The New York Giants have agreed to a four-year, $160 million deal with quarterback Daniel Jones, sources told ESPN, and have used their nonexclusive franchise tag on running back Saquon Barkley.

The Giants made the moves just ahead of Tuesday's 4 p.m. ET deadline for NFL teams to use their franchise and transition tags.

Jones will make $82 million guaranteed at signing as part of the deal, which also includes up to $35 million in incentives, sources told ESPN's Jordan Raanan. Barkley will make make $10.091 million in 2023 under the nonexclusive franchise tender.

Giants general manager Joe Schoen had publicly stated that the team hoped to retain both players, which was made possible by the long-term deal for Jones.

Jones, who turns 26 in May, is coming off the most efficient season of his career and led the Giants to a winning record for the first time since being drafted in the first round in 2019. He also played brilliantly in leading New York to a postseason victory over Minnesota, setting the stage for nearly two months of contract negotiations.

Jones passed for 3,205 yards with 15 touchdowns and five interceptions last season while also rushing for another 708 yards and seven touchdowns.

The six players who received the franchise tag before Tuesday's deadline:

Jones' contract status was a key factor in the Giants' offseason plans for Barkley, who also was a vital contributor to New York's surprising playoff run in 2022. Schoen said the Giants planned to use their franchise tag on Jones if the sides were unable to reach a deal, which likely would have resulted in Barkley becoming a free agent.

Barkley once again showed he can be a difference-maker, playing a full season in 2022 for the first time since his rookie year