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Contract, stats, backup for New York Giants QB

Contract, stats, backup for New York Giants QB
Posted on | Posted on angela

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When quarterback Daniel Jones led the New York Giants to their first playoff win since Super Bowl 46, it was enough for the team to agree to a contract extension with the impending free agent in 2023. Almost two seasons later, the contract is already getting pretty old and bad.

Jones was one of the worst quarterbacks in the NFL in 2023 and 2024.

Since signing his new contract, he has only played 13 games and has a record of 3-10 in those games. Jones' average passer rating of 76.6 in those games would put him in the NFL's bottom six in each of the last two seasons, and his 40.4% average pass success rate over those two years is also among the worst in the NFL in that regard NFL tryout.

In Week 7 of the 2024 season, the Giants benched Daniel Jones early in the fourth quarter against the Philadelphia Eagles due to his poor performance. The signs are clear for Jones' time in New York, but here's how much his team will pay him this season and over the life of his contract:

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Daniel Jones contract details

Jones signed a four-year extension with the Giants after the 2022 season. OverTheCap has announced full details of the second contract for the former first-round pick.

  • Expression: Four years
  • Total value: $160 million
  • Average Annual Value (AAV): $40 million
  • Guaranteed money: $82 million

Jones' deal makes him the 15th highest-paid quarterback by overall value and AAV. It's 17th among quarterbacks with $82 million guaranteed.

How much does Daniel Jones earn this season?

Here's what Jones will do in 2024, according to OverTheCap:

  • Total Salary Cap Hit: $47.86 million
    • Basic salary: $35.5 million
    • (Prorated) signing bonus: $11.11 million
    • Additional bonuses (workout + incentives): $1.25 million

Jones' cap hit of $47.86 million is the second-highest in the NFL this season, behind only Arizona Cardinals quarterback Kyler Murray ($49.12 million).

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Can the Giants cut Daniel Jones?

Jones' four-year extension included a possible exit for the Giants after the 2024 and 2025 seasons. Here's what New York would have to save or pay in each scenario, according to OverTheCap:

2024

  • Cut before June 1st: $22.2 million dead money, $19.4 million savings
  • Cut after June 1st: $11.1 million dead money, $30.5 million savings
  • Trade before June 1st: $22.2 million dead money, $19.4 million savings
  • Trading after June 1st: $11.1 million dead money, $30.5 million savings

2025

  • Cut before June 1st: $11.1 million dead money, $47.5 million savings
  • Cut after June 1st: $11.1 million dead money, $47.5 million savings
  • Trade before June 1st: $11.1 million dead money, $47.5 million savings
  • Trading after June 1st: $11.1 million dead money, $47.5 million savings

Daniel Jones stats

Jones has completed 150 of 240 pass attempts this season (62.5%, which is the second-worst completion rate of his career) with 1,442 passing yards, six touchdowns and four interceptions.

The Giants are 2-5 in the seven games he has started so far this season.

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