The New York Giants have reportedly placed a franchise tag on defensive end Jason Pierre-Paul, according to league sources. Pierre-Paul will get paid $17 million over one year for the upcoming season. Pierre-Paul has made it clear that he wants a multi-year deal with the Giants, and he has until July 15 to negotiate one with the team. After July 15, he will only be allowed to sign a one-year deal with the team. A long-term deal would give Pierre-Paul more guaranteed money and lessening his salary cap hit for next season. The tag is non-exclusive, meaning that Pierre-Paul can negotiate with other teams, and the Giants have the ability to match any team that offers Pierre-Paul a deal. If the Giants decide not to match an opposing teams offer, they would receive two first-round picks from that team as compensation. The Giants signed Pierre-Paul to a one-year, $10 million deal before the 2016 season and was very productive, tallying 53 tackles and seven sacks before suffering a season-ending core injury. Pierre-Paul and Olivier Vernon were a fearsome tandem at defensive end last season that kept opposing offensive lines on their toes, making him a piece the Giants more than likely need to have an effective defense once again in 2017.
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Giants place $17M franchise tag on Jason Pierre-Paul
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