Saquon Barkley Contract
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Saquon Barkley Contract: New York Giants’ Major Decision Saves NFL Franchise $12M

The New York Giants have made a huge decision regarding star running back Saquon Barkley Contract. According to reports, the Giants are unlikely to use the franchise tag on Barkley for the 2024 season. This major call will save the franchise around $12 million against the salary cap. Let’s break down the key details surrounding Saquon Barkley Contract situation.

Barkley’s History with the Giants

The Giants drafted Saquon Barkley with the 2nd overall pick in the 2018 NFL Draft. Coming out of Penn State, Barkley was considered one of the most talented running back prospects in years.

Barkley made an immediate impact for the Giants, rushing for over 1,300 yards as a rookie. He was named to the Pro Bowl in both his first and most recent seasons with the team. However, injuries have hampered parts of Barkley’s career. He has missed time with ankle, knee and shoulder issues over the past few years.

Last season, Barkley rushed for 1,312 yards and 10 touchdowns in 14 games. It was his best output since his rookie campaign. The Giants rewarded him by using the franchise tag prior to the 2023 season. They signed a one-year Saquon Barkley Contract worth around $10.1 million.

Barkley is Unlikely to Be Tagged Again

The franchise tag value for running backs in 2024 is projected at $12.1 million. However, the cap-strapped Giants are unlikely to tag Saquon Barkley contract again at that price.

The team has until March 5th to make a final decision on using the franchise tag. But Barkley is widely expected to hit free agency when the new league year opens on March 15th.

Letting their star running backtest the open market is a risky move by the Giants. But it also makes financial sense. With New York needing to create cap space, avoiding Barkley’s $12M cap hit gives them extra flexibility.

What This Means for Barkley’s Saquon Barkley Contract

By avoiding the franchise tag, Saquon Barkley will get the chance to land a lucrative long-term Saquon Barkley Contract on the open market. He is still just 26 years old and remains one of the most dynamic playmakers at the position when healthy.

Several running back-needy teams are projected to show interest in Barkley if he reaches free agency. The Buffalo Bills, Houston Texans and Tampa Bay Buccaneers could all make a run at the former Pro Bowler.

Barkley reportedly turned down a Giants’ extension offer worth around $13M per year last offseason. He will likely be aiming for a deal worth $15M+ annually from his new team.

Impact on the Giants

While the Giants are taking a risk by potentially losing Saquon Barkley, declining his $12M tag does give the team more cap flexibility heading into free agency.

After hiring new head coach Brian Daboll, GM Joe Schoen is looking to rebuild the roster. Creating cap space to target needs like offensive line, linebacker and secondary depth will be crucial.

The Giants also believe they can find a cheaper running back option to pair with QB Daniel Jones. New York had success running the ball last season with backups like Matt Breida in Barkley’s absence.

Still, letting an elite talent like Barkley walk would be a major blow. The team has left the door open to re-signing him at a lower price if he reaches free agency.

Outlook for Other Top RBs

Saquon Barkley isn’t the only star running back who could change teams this offseason. Both Josh Jacobs (Raiders) and Tony Pollard (Cowboys) are also slated to be free agents.

Jacobs is coming off a career-best 1,653-yard season but Las Vegas is unlikely to tag him at $14M. Meanwhile, Pollard could leave Dallas after an excellent 2022 as Ezekiel Elliott’s backup.

The running back market promises to be extremely intriguing this year. Barkley, Jacobs and Pollard will be hot commodities if they don’t re-sign. Their next moves will have a big impact on the 2024 season.

Final Thoughts on Barkley’s Saquon Barkley Contract Situation

The New York Giants are poised to make a major decision by not franchise-tagging star running back Saquon Barkley contract for 2024. Barkley will likely hit free agency and land a big-money contract elsewhere.

While risky, avoiding Barkley’s $12M cap hit gives the Giants more financial flexibility for rebuilding the roster. However, New York also risks losing an elite offensive talent still in his prime.

Several RB-needy contenders are expected to pursue Barkley in free agency. After a strong 2022 comeback season, he will aim to cash in on a long-term deal worth over $15M per year.

Allowing Barkley to walk would leave a huge hole in the Giants’ offence. However, creating cap space to upgrade other positions was deemed more important. It sets up a fascinating saga surrounding Barkley’s future.

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