Daniel Jones’ reps want a lot for him hence the Giants’ daily negotiations with his agents. According to a report, Jones’ reps are seeking more than $45 million per year.
According to the report via Daily News;
Joe Schoen said Thursday in Indianapolis that the Giants’ daily negotiations with Daniel Jones’ new agents still haven’t drawn the parties close to a new deal.
“You’re starting to feel the time crunch a little bit,” Schoen said on NFL Network’s Good Morning Football as Tuesday’s franchise tag deadline nears. “I wish we were a little bit closer on a deal than what we are right now, but there’s still time. We’re gonna circle back up again today at some point.”
This should explain why they’re still not close: league sources tell the Daily News that Jones’ representatives are asking for more than $45 million per year on a multi-year contract extension.
That’s over $12.6 million more than what Schoen could get Jones for in 2023 on the $32.4 million non-exclusive franchise tag.
That’s at least $8 million more than what the Giants would have to pay Jones on average annually in 2023 and 2024 ($37.05 million) if they franchise tagged him for two consecutive seasons, based on overthecap.com’s projections.
So the tag is certainly where these negotiations seem to be headed if there isn’t a meaningful change in course.
“Daniel played well this year. We’d like to have him back,” Schoen reiterated Thursday. “We have different options whether it’s contract extension or utilizing the franchise tag. In an ideal world we’d get something done with him, and we’re gonna continue to work towards that.”
Only five quarterbacks average $45 million per year or more on their current contracts: the Packers’ Aaron Rodgers ($50.2 million), the Broncos’ Russell Wilson ($49 million), the Cardinals’ Kyler Murray ($46.1 million), the Browns’ Deshaun Watson ($46 million) and the Chiefs’ Patrick Mahomes ($45 million), per overthecap.com.
The Bengals’ Joe Burrow, Chargers’ Justin Herbert, Eagles’ Jalen Hurts and Ravens’ Lamar Jackson all could eclipse that number this offseason with new deals, too, though. And the Bills’ Josh Allen averages $43 million per year but can reach $48 million per year with incentives.
So for perspective, $45.1 million a year still would barely land Jones in the top 10 average annual QB salaries in the near future, with the NFL’s salary cap expected to continue its climb.
I am not mad at Jones for asking for this money. He has to strike while the iron is hot. It is possible he will never have a good year again, and this may be his only time to cash out. He wasn’t even that great with the Giants last year. He just didn’t turn the ball over. Wanting $45 million a year after throwing 15 TD passes is insane, but closed mouths don’t get fed.
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