Giants GM: 'Wish we were a little bit closer' on long-term deal with Jones

New York Giants general manager Joe Schoen knows he's running out of time to sign quarterback Daniel Jones to a long-term deal before Tuesday's deadline to use the franchise tag.

"You're starting to feel the time crunch a little bit," Schoen told NFL Network's "Good Morning Football" on Thursday. "I wish we were a little bit closer on a deal than what we are right now. But again, there's still time."

Schoen added that he's met with Jones' representatives throughout the week at the NFL combine and is set to regroup with the quarterback's representation again Thursday. Jones changed agencies in February.

"Things ramped up pretty quick with his new group and we've had productive talks throughout this week," Schoen said. "We met Monday, Tuesday, we met yesterday with them, and we'll continue to talk and see if we can get something done before Tuesday."

The Giants general manager said Wednesday that he plans to franchise tag Jones if an extension isn't reached by the March 7 deadline. However, he also acknowledged that tagging Jones could hamper the team's ability to address other positions and issues this offseason. Star running back Saquon Barkley is among the Giants set to become free agents later in March.

A non-exclusive franchise tag on Jones would be worth $32.4 million, per Over The Cap.

The former sixth overall pick enjoyed a breakout campaign last season with a career-high 3,205 passing yards, 15 touchdowns, and five interceptions. His 708 rushing yards and seven scores on the ground were also a personal best.