The contract standoff between star running back Saquon Barkley and the New York Giants is no more.
The two sides have come to a one-year contract agreement, a source confirms to NorthJersey.com, that will have the two-time Pro Bowler in attendance when veterans report for training camp on Tuesday.
An individual with knowledge of the situation said the deal is worth up to $11 million and includes a $2 million signing bonus.
Designated as the Giants’ franchise player earlier this offseason, Barkley was to be paid $10.1 million this season if the two sides couldn’t come to an agreement on a long-term deal by July 17. He had suggested he might hold out for the entire season if he didn’t get an extension.
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Under the NFL’s franchise tag rules, Barkley and the Giants were still allowed to negotiate terms of a one-year deal after the July 17 deadline, but could not extend his contract until after this season.
The new deal does not include a provision regarding the franchise tag for next year. So if the team desires, Barkley can be tagged again next March at 120% of his 2023 salary, which should now fall between $12-13 million.
Barkley, 26, rushed for a career-high 1,312 yards and tied for the team lead with 57 receptions last year as the Giants made the playoffs for the first time in his five NFL seasons.
