The New York Giants were running out of time to decide on quarterback Daniel Jones’ fifth-year option but reached a conclusion on Thursday ahead of the NFL draft.
Judy Battista of NFL Network reports that the Giants, as expected, will decline DJ’s option.
As expected, the @Giants are not picking up QB Daniel Jones' fifth year option, according to a source with knowledge of the team's plans. But if he plays well, obviously, chance to cash in with the franchise tag.
— Judy Battista (@judybattista) April 28, 2022
The decision to pass on Jones’ option is hardly a surprise based on the financials alone. Had the Giants picked it up, they would have been on the hook for $22.384 million guaranteed in 2023. That’s obviously far too high a price for a player who has underperformed regardless of the situation around him.
It doesn’t necessarily mean the Giants intend to move on from Jones, however.
Jones will enter the 2022 as the starter ahead of Tyrod Taylor and be given every opportunity to prove himself to general manager Joe Schoen and head coach Brian Daboll. If he succeeds, the team could simply franchise him or negotiate a long-term contract.
But there are several other options beyond just those. Although those scenarios dominate the discussion when it comes to Jones, there is also a possibility that the Giants and Jones come to terms on a one-year deal depending on how things go in 2022.
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