Ian Rapoport of NFL Media is reporting that the Giants and franchise DEย Jason Pierre-Paul have reached an agreement on a four-year contract.
- According to Ian Rapoport, Pierre-Paul receives a four-year contract worth $62 million with $40 million guaranteed. The contract can top out at $66 million.
The Giants elected to franchise Pierre-Paul for the second straight year, even though it was going to cost them around $17 million fully guaranteed for the 2017 season.
However, reports mentioned that the Giants and Pierre-Paul planned to work on a long-term extension that would prevent him from actually playing out the year under the franchise tag.
Pierre-Paul, 28, is a former first-round pick of the Giants back in 2010. He received the team’s franchise tag last year but later had it rescinded after he suffered aย serious injury to his hand.
The two parties later renegotiated a one-year deal worth up to $8.71 million based on incentives and Giants elected to bring him back this past offseason on aย one-year, $10 million contract that included $4.25 million guaranteed.
Pierre-Paul wound up playing out the 2016 season under the franchiseย tag.
In 2016,ย Pierre-Paul has appeared in 12 games and recorded 54 tackles, seven sacks, three forced fumbles, a recovery returned for a touchdown and eight pass defenses.
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