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Giants Place Franchise Tag on DE Jason Pierre-Paul

Monday, February 27, 2017 18:46
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(Before It's News)

The Giants took the first step toward retaining free agent Jason Pierre-Paul by applying the non-exclusive franchise tag to the defensive end on Monday, Dan Duggan of the Newark Star-Ledger reports.

Pierre-Paul was set to become an unrestricted free agent next week. The deadline to apply the franchise tag is this Wednesday at 4 p.m.

By applying the non-exclusive franchise tag, the Giants have ensured that they will have the ability to keep Pierre-Paul. But the situation is not yet resolved.

The franchise tag guarantees Pierre-Paul a one-year guaranteed contract worth approximately $17 million for the 2017 season. The Giants and Pierre-Paul will enter negotiations for a long-term contract that will likely give him more guaranteed money, while lowering his salary cap hit for next season.

The post Giants Place Franchise Tag on DE Jason Pierre-Paul appeared first on Giants Gab.

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Source: http://www.giantsgab.com/2017/02/27/giants-place-franchise-tag-de-jason-pierre-paul/

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