Wednesday, July 26, 2023

In Joe We Trust.


If you had any doubts about whether Joe Schoen was the right man to run the New York Giants, the last couple of days should've put them all to bed. In a span of 24 hours, Schoen not only got Saquon Barkley to sign his franchise tag but locked up his top offensive tackle Andrew Thomas for the next five years.

First Barkley: Schoen front loaded a $2 million signing bonus into the tag and included $909,000 in bonus incentives that 1. require the Giants to make the playoffs; and 2. require Barkley to rush for 1300 yards, catch 65 passes and score 11 touchdowns. It also doesn't preclude the Giants from slapping a franchise tag on Barkley next year.

It's a win / win for Schoen. Think about it. If the Giants make the playoffs and Barkley manages to hit all his benchmarks, it'll be the easiest $900k Schoen ever spent. However, should the Giants fail to make the postseason, or if Barkley fails to hit any or all of his benchmarks, Schoen at the very least avoided what could've been a protracted holdout and got arguably the third best running back in the NFL to play for a million dollars less than the last offer he had on the table before the deadline.

Shrewd doesn't begin to describe what happened here. For all the sympathy Barkley was engendering within the sports community over how "unfairly" he was being treated, the simple truth is that all the leverage was on the Giants side. Once Barkley rejected what would've been a three-year deal that included $22 to $23 million in guaranteed money, his only option was to sign the franchise tag. A holdout would've cost him even more money and quite possibly ended his career with Big Blue. In the end, he did the right thing and swallowed his pride. 

But Schoen wasn't remotely done. He signed Thomas to a five-year, $117.5 million deal that ensures one of the best left tackles in football remains a Giant for the foreseeable future. It's a huge contract to be sure - the second highest for that position in the league - but the way it's written, it only increases Thomas's cap hit by $1.47 million over last season.

Indeed, between locking up Daniel Jones, Dexter Lawrence, Barkley and Thomas and the additions of Darren Waller, Cole Beasley and James Robinson, Schoen is assembling a roster that will be deeper than the one that went 9-7-1 last year and made the playoffs for first time since 2016.

In only his second full season as Giants' GM, Schoen is establishing himself as one helluva negotiator. At the bye last season he offered CB Julian Love a two-year, $14 million contract extension. Like Barkley, Love rejected it and instead shopped around. In response, Schoen pulled the offer and Love eventually wound up signing with the Seattle Seahawks - for $12 million; $2 million less than what he could've gotten from the Giants.

The moral of the story is simple. When Joe Schoen puts a contract in front of you, sign it. Because that's the best offer you're going to get. The man means business.

Just ask Saquon Barkley.


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