SANTA CLARA, CA - NOVEMBER 12: Sterling Shepard #87 of the New York Giants reacts after a play against the San Francisco 49ers during their NFL game at Levi's Stadium on November 12, 2017 in Santa Clara, California.

Report: Giants, Shepard finalizing 4-year, $41M extension

Ezra Shaw / Getty Images Sport / Getty

The New York Giants are reportedly finalizing a four-year, $41-million extension with wide receiver Sterling Shepard, a source told NFL Network's Mike Garafolo.

Shepard's new deal includes $21.3 million in guaranteed money, ESPN's Adam Schefter reports.

A second-round pick in 2016, Shepard was entering the final year of his rookie deal.

The 25-year-old is set to see an increase in targets after New York traded Odell Beckham Jr. to the Cleveland Browns. He'll likely start opposite Golden Tate, who inked a four-year, $37.5-million contract with the Giants in March.

Shepard set career highs in targets (107), catches (66), and receiving yards (872) last season.

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