Daniel Jones, Giants were minutes away from deadline before reaching deal

The timeline matches up with theScore's Jordan Schultz tweet at 3:54 p.m. ET on Tuesday that broke the news that Jones and the Giants had agreed to a four-year extension. Soon after, it was reported by numerous outlets that the agreement was for $160 million, and that Pro Bowl running back Saquon Barkley was receiving the non-exclusive franchise tag for the 2023 season.

Tuesday's deadline for teams across the league to use their franchise tag was 4 p.m. ET.

After being selected by the G-Men with the sixth overall pick in the 2019 NFL Draft, Jones had an up-and-down first three seasons in the league. The team went just 12-25 in his 37 starts and he threw 29 interceptions and had a whopping 36 fumbles (including a league-leading 19 as a rookie). Under first-year head coach Brian Daboll in 2022 though, "Danny Dimes" silenced many of his critics.

Jones had by far the best campaign of his career last season in a crucial spot, leading New York to a surprising playoff berth by posting career bests in completion percentage (67.2%), passing yards (3,205), quarterback rating (92.5), rushing yards (708), rushing touchdowns (seven) and game-winning drives (five), which was second in the NFL. The 25-year-old also had career lows in interceptions (five) and fumbles (six).