Sources - Giants acquire Darren Waller in trade with Raiders

The New York Giants are acquiring Darren Waller in a trade with the Las Vegas Raiders, sources told ESPN's Adam Schefter.

The Giants will send a third-round draft pick (No. 100 overall) to the Raiders for Waller, who will provide quarterback Daniel Jones with an established veteran target in the passing game.

Waller had back-to-back seasons of over 1,000 receiving yards in 2019 and 2020 but has been plagued by multiple injuries over the past two seasons, appearing in just 20 total games over that span.

The draft pick headed to Las Vegas originally was acquired by the Giants from the Chiefs last October in the trade that sent receiver Kadarius Toney to Kansas City.

That trade — coupled with Kenny Golladay's ineffectiveness and Sterling Shepard's season-ending knee injury — left Jones with an inexperienced receiving corps for New York's surprising postseason run and led to widespread belief that Giants general manager Joe Schoen would look for passing-game upgrades this offseason.

The Giants now will have Waller, 30, under contract for the next four seasons thanks to the three-year, $51 million extension he signed with the Raiders last September.

Waller likely became expendable to Las Vegas after the Raiders agreed to a three-year deal earlier Tuesday with free agent receiver Jakobi Meyers, who joins a receiving corps that already includes Davante Adams and Hunter Renfrow. The Raiders also are interested in signing veteran free agent tight end Marcedes Lewis, according to Schefter.

The 6-foot-6 Waller appeared in just nine games last season, hauling in 28 receptions for 388 yards and three touchdowns.