The Giants announced today that they have signed Daniel Jones to a four-year contract that will keep the quarterback in his familiar No. 8 blue jersey for the foreseeable future.
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Jones was set to become a free agent on March 15 at the start of the NFL league year. deadline, the Giants would have put the franchise tag on Jones.
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This would have given the team and Jones until July 17 to negotiate a multi-year deal. But it also would have restricted the team's ability to sign free agents, as
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Jones' franchise tag salary of more than $32 million would have occupied a substantial portion of their available space under the salary cap.
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General Manager Joe Schoen said, "We had productive talks with Daniel and his representatives over the past week."
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"We are all pleased that we were able to reach an agreement before today's deadline. It gives us more ability to continue to build our roster."
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The long-term contract allows the Giants to rapidly reduce cap numbers in this and subsequent seasons.
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Jones, who turns 26 in May, had his best season in 2022, his fourth when the Giants selected him sixth overall in the 2019 NFL Draft.
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He started a career-high 16 regular-season games and would have played all 17 if the Giants had not rested most of their starters in the finale in Philadelphia as
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they were locked in on the sixth seed in the NFC playoffs. The Giants were 9–6–1 in Jones' debut and advanced to the postseason for the first time since 2016.