Giants Country

Saquon Barkley, Giants Agree to 1-Year Deal

The deal will boost Barkley's earnings a little beyond the $10.1 million franchise tag amount.

Patricia Traina

Saquon Barkley, Giants Agree to 1-Year Deal
Saquon Barkley, Giants Agree to 1-Year Deal /
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Crisis averted, as the New York Giants and running back Saquon Barkley have agreed to terms on a one-year contract that could be worth upwards of $11 million with incentives.

According to ESPN's Adam Schefter, Barkley's new deal includes the $10.1 million franchise tag amount that's fully guaranteed, including a $2 million upfront signing bonus and $1 million of incentives to be split over rushing yards (1350), touchdowns (11) and receptions (65).

“Obviously, we are glad we were able to work things out with Saquon,” said general manager Joe Schoen in a statement released by the team. “We all recognize the player and person Saquon is and what he means to our team. He is a good teammate, a leader, and a really good player. We are looking forward to getting on the field tomorrow.”

Last season, Barkley gained 1,312 rushing yards and recorded 10 touchdowns and 57 receptions.

The incentives all fall under the "not likely to be earned" category, which means they won't count against the Giants' 2023 cap, but it will count against 2024 if Barkley earns them.

Barkley also did not receive a promise from the Giants that they would not use the franchise tag on him again in 2024. That concession had been a possibility, but from the Giants' perspective, not a wise one to use until the team saw what it had in camp at the position.

Reaching a deal with their star running back, he assures that Barkley will be on the field on Wednesday for the team's first practice and avoids a potential summer-long distraction for his teammates and coaches.

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Patricia Traina
PATRICIA TRAINA

Patricia Traina has covered the New York Giants for 30+ seasons, and her work has appeared in multiple media outlets, including The Athletic, Forbes, Bleacher Report, and the Sports Illustrated media group. As a credentialed New York Giants press corps member, Patricia has also covered five Super Bowls (three featuring the Giants), the annual NFL draft, and the NFL Scouting Combine. She is the author of The Big 50: The Men and Moments that Made the New York Giants. In addition to her work with New York Giants On SI, Patricia hosts the Locked On Giants podcast. Patricia is also a member of the Pro Football Writers of America and the Football Writers Association of America.

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