Report: Giants' Jones seeking more than $45M per year on extension

The representation for New York Giants quarterback Daniel Jones is looking for more than $45 million per year on a long-term extension, sources told Pat Leonard of The Daily News.

Jones, who changed agencies in February, and the Giants have been locked in contract talks but have been unable to close in on an extension. General manager Joe Schoen admitted Thursday that he wishes the two sides "were a little bit closer" on a new deal ahead of Tuesday's franchise tag deadline.

A contract averaging over $45 million per season would position Jones among the top five quarterbacks in average annual value. Aaron Rodgers leads all signal-callers with a $50.2-million per-year average while Patrick Mahomes' $45-million AAV is fifth among quarterbacks, per Spotrac.

The Giants have already declared they'll use the franchise tag on Jones if a long-term deal isn't in place before Tuesday. The non-exclusive franchise tag on Jones would be worth $32.4 million, per Over The Cap.

Drafted sixth overall by the Giants in 2019, the franchise elected to decline Jones' fifth-year option for 2023 last offseason.

Playing on the final year of his rookie deal, Jones enjoyed his best season as a pro in 2022. He put up 3,205 passing yards, 15 passing touchdowns, and another seven rushing scores. Jones notched a winning record for the first time in his career and led the Giants to a wild-card victory against the Minnesota Vikings.