The Giants have used their franshise tag on pending free agent DE Jason Pierre-Paul in advance of Wednesday's 4 p.m. deadline, reports Mike Garafolo of NFL.com.
The franchise tag number for defensive ends is $17 million.
Pierre-Paul, 28, had seven sacks in 12 games this past season. He missed half of the 2015 season after a fireworks accident that cost him parts of multiple fingers on his right hand.
His agent told the NY Post on Monday that talks with the Giants were ongoing but that they were "nowhere near a deal," and estimated there was a 50-50 chance the Giants would use the franchise tag.
Pierre-Paul said at the end of the season that he was ready to test the open market and that his performance in 2016 had proven his worth.
He has 50 sacks during his seven-year career.