The Giants have agreed to terms on a one-year deal with DE Jason Pierre-Paul, the team announced.
Pierre-Paul's deal is worth up to $10M, $4.25M of which is guaranteed, with a $300,000 workout bonus, a $4.25M signing bonus and a $1.2M roster bonus, according to Aaron Wilson.
Multiple teams had been interested in Pierre-Paul, according to the New York Daily News' Ralph Vacchiano, and the Arizona Cardinals made a late push for him, Schefter notes. Pierre-Paul turned down more money elsewhere to stay with New York, according to Rapoport.
In an Instagram post on Tuesday, Pierre-Paul said he was excited to return to New York:
After playing just eight games due to a July 4 fireworks accident that required amputation surgeries on his hand, Pierre-Paul recorded one sack and 21 total tackles for the Giants last season.
The 27-year-old defensive end has spent his entire six-year career with the Giants since he was the 15th overall pick in the 2010 NFL Draft.
The Giants retaining Pierre-Paul is big for them in an offseason when they need so much help on defense. As Jerry Reese said, "We know him and he knows us." That gives the Giants a little latitude when free agency opens up -- plus some leverage. They don't appear so desperate now. As for the draft, those plans won't change. They will select the best player available on their board as usual.