Mike Garafolo @MikeGarafolo
The #Giants and DT Dexter Lawrence have agreed to terms on a four-year extension that makes him one of the highest-paid defensive linemen in the NFL, sources tell @RapSheet and me.
Another extension from GM Joe Schoen for a core member of the team.
dex should pay patrick graham for getting that job. who knows what would have been without wink putting him on the nose.
I can only assume there's a restructure of this year's numbers that lowers his 2023 cap hit.
They fold this year into the new one - so basically a 5 year $102 mill contract.
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How would it save cap space this year unless we changed his current contract?
They fold this year into the new one - so basically a 5 year $102 mill contract.
Pretty much. His cap number will be lower than the $12.4M it was scheduled to be. Great job by Schoen, Brandon Brown, and the rest of the F.O. These are, dare I say, Eagles' types of moves.
Giants’ All-Pro DT Dexter Lawrence reached agreement today on a four-year, $90 million extension, including $60 million guaranteed, per sources. The deal makes Lawrence the third highest-paid DT in the NFL.
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This is the guy that stayed an extra year at Clemson (along with Christian Wilkens) because they wanted another shot at the championship and because they were having F U N.
He is enjoying the ride while it lasts and I think he believes in the future of the team.
Look at it this way; he is buying something with the money he may have given up by holding out longer.
Saquan, now it is your turn.
Do the Sexy Dexy!
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not bad at all
This confused me. Never seen guaranteed be higher then total contract before.
No. You wait. Let him prove he can continue to stay healthy. Initiate talks during the season and if things are cool health and performance-wise, offer him an extension during the bye week like they did last season with Barkley.
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not bad at all
That's new. Lol.
$60 million with $90 million guaranteed? That’s like a Tom Brady contract
His drafting was pretty good but FA and coaching was down right awful..
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In comment 16109519 Strahan91 said:
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not bad at all
That's new. Lol.
$60 million with $90 million guaranteed? That’s like a Tom Brady contract
Or an Eagles' contract.
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In comment 16109543 robbieballs2003 said:
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In comment 16109519 Strahan91 said:
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not bad at all
That's new. Lol.
$60 million with $90 million guaranteed? That’s like a Tom Brady contract
Or an Eagles' contract.
Or Bobby Bonilla
Its a fair deal for both sides. Acting like its some steal of a contract is way over the top.
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Joe Schoen is something else for the contract to not be bigger than that.
It’s a fair deal for both sides. Acting like its some steal of a contract is way over the top.
He didn’t say it was a steal. I don’t think it’s a stretch to say most people thought the contract would be higher than it is. That’s all. Not everything requires an embellished contrarian response…
#sarcasm
@NYPost_Schwartz
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12m
This is a new 4-year deal for Lawrence, meaning the Giants have him under contract through the 2027 season.
#sarcasm
That will be Lombardi's take. Somehow this will be the worst DT signing ever.
but don’t splash the pot
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In comment 16109519 Strahan91 said:
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not bad at all
That's new. Lol.
$60 million with $90 million guaranteed? That’s like a Tom Brady contract
Handing out contracts to obvious longer-term pieces like this is an example of what you do.
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I’d do Thomas this off-season. No need to wait as it’s only going to get more expensive
No. You wait. Let him prove he can continue to stay healthy. Initiate talks during the season and if things are cool health and performance-wise, offer him an extension during the bye week like they did last season with Barkley.
I couldn't disagree with this more.
First of all, what's the scenario where you're NOT trying to re-sign Andrew Thomas to a second contract? How bad would he have to be and/or how serious would your injury concerns have to be to even consider a future where AT is not the Giants' left tackle? I would say this sort of scenario carries extremely low probability of playing out, but obviously there's a greater than zero (but not by that much) chance if we're being honest.
Secondly, left tackle is not a position that is likely to have a market correction in terms of contract value. So the price for a very good to great left tackle is already established and will only go up from here. A year from now we could be looking at AAV approaching $30M for a great left tackle. And even if the AAV doesn't continue to climb at the same rate, it's not going to reverse and come back down - maybe, MAYBE, it remains static for a year if there are no other major contracts at that position.
So what we're left with, IMO, is a situation where the outcome associated with the greatest risk (i.e., a world where the Giants regret signing Thomas because they wish they didn't have him on the roster, due to either injury or performance) is extremely unlikely to occur, even with AT's injury history. And for any outcome other than that, there is a very low opportunity to have that translate into a cheaper contract. Playing it safe by waiting might actually be the riskiest move financially if the left tackle market continues to escalate.
All in all, what is gained by waiting other than the leverage that the 5yo and two subsequent franchise tags represent? IMO, that leverage already exists. The only reason not to sign Andrew Thomas to an extension right now is that his 4th year of his rookie contract is already so cheap that there aren't any cap savings to be had this year, so AT might just not be a priority until after the roster is set and the cap situation for 2023 is a bit more locked in. If Schoen is looking to create cap room this year, an extension for AT doesn't do that - that alone might put some other contracts ahead of AT in terms of the order in which the Giants address them.
But if you're just looking at the most economic long-term roster construction, taking care of Thomas sooner rather than later is the move, IMO.
Jones and Dex done. JS has a few more big deals to go.
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but don’t splash the pot
What Lawrence did to Quentin Nelson last year.
@NYPost_Schwartz
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12m
This is a new 4-year deal for Lawrence, meaning the Giants have him under contract through the 2027 season.
The new deal will kick in after 2023, signed for this season under the 5th year option.
I would have to believe it's the latter.
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turned into year 1 of a new 4 year deal making this a 3 year extension? Or is the 5th year option still there, but the new 4 year extension on top of it lowered this years cap hit?
.
I would have to believe it's the latter.
+1