The Giants made an investment into punter Riley Dixon, signing him to an extension on Sunday.
As far as punters go, the move was on the heftier side.
SNY's Ralph Vacchiano confirmed reports of a $8.7 million extension over three years for Dixon on Monday.
The 26-year-old, who was on the final year of his contact, had a base salary of $720,000 in 2019. That will jump to $2.9 million over the course of his next deal. That figure makes Dixon the sixth-highest paid punter in the NFL, in terms of average salary. Colts punter Rigoberto Sanchez is also slated at that same $2.9 million, per Spotrac.
Dixon is averaging a career-best 47 yards per punt this season, sixth-best in the league, with a 43.7 net average on punts this year, fifth-best league-wide, and has placed 20 of his 62 punts this season (43.5 percent) inside the opponent's 20-yard line.
Dixon was named to the All-Rookie team in 2016 but was traded to the Giants this past offseason for a conditional seventh-round pick, replacing Brad Wing.