The New York Giants have a franchise-altering decision to make with quarterback Daniel Jones. The team must decide whether to keep Jones or move on and find another quarterback. What will it cost to move off Jones? View Daniel Jones’ contract details below.
Daniel Jones Contract Details
Daniel Jones and the Giants have agreed to a four-year $160M contract extension, per @MikeGarafolo and @RapSheet pic.twitter.com/xvfcMx59jS
— Bleacher Report (@BleacherReport) March 7, 2023
After leading the Giants to the Divisional Round during the 2022 NFL season, Jones signed a four-year, $160 million contract extension, with $81 million fully guaranteed.
If the Giants want to move on from Jones, the best time to do it might be after this season.
Jones’ 2025 salary is $30 million, with over $11 million in bonuses, a cap hit of $41.6 million, and a dead cap of $22.2 million. Jones’ 2026 salary is $46.5 million, with $12.1 million in bonuses, a cap hit of $58.6 million, and a dead cap of $11.1 million.
Of Jones’ $30 million base salary in 2025, $23 million is guaranteed for injury. If Jones gets hurt this season and can’t pass a physical by the start of the 2025 league year in March, Jones will receive the $23 million guaranteed.
If Jones remains healthy and stays on the roster on the fifth day of the 2025 league year, he will be awarded $12 million of the $23 million guaranteed.
If the Giants know they want to move on from Jones at the end of the season, benching Jones for the remainder of the season might be in the team’s best financial interest. It’s similar to what the Denver Broncos did with Russell Wilson.
Will The Giants Bench Daniel Jones?
Brian Daboll talks about Daniel Jones and the Giants' QB situation coming out of the bye week:
"We'll evaluate the tape and make the decision that we think is best for our team" pic.twitter.com/oiT4pzPxom
— Giants Videos (@SNYGiants) November 11, 2024
With the team at 2-8, the Giants will likely make a change at quarterback. After backing Jones all season, head coach Brian Daboll did not commit to the former first-round pick and mentioned the team will “look at everything” as they head into the bye week.
“We’re gonna get started on this process here of going back and looking at everything you’d normally look at in a bye week,” Daboll said about potentially benching Jones. “Schemes, situational stuff, technique. All of the things you do in a normal bye week.”
If the Giants sit Jones, Drew Lock would become the starter for the team’s Week 12 game against the Tampa Bay Buccaneers.
Jones has thrown for 2,070 yards, eight touchdowns, and seven interceptions in 10 games.
