The Giants are trading DE Jason Pierre-Paul and a 2018 fourth-round draft pick (102nd overall) to the Buccaneers in exchange for third-round (69th overall) and fourth-round (108th overall) picks in 2018, SNY's Ralph Vacchiano confirmed.
Giants GM Dave Gettleman called Pierre-Paul to inform him of the trade, explaining it was an offer they couldn't refuse, Pierre-Paul told Kim Jones of the NFL Network. He added that "at the end of the day, it's a business. I know that. Tell everyone at the Giants that I wish them the best."
Pierre-Paul, 29, had 68 tackles, 8.5 sacks, and two forced fumbles in 16 games last season for the Giants.
He is entering the second year of a four-year, $62 million deal that will pay him $11.25 million this season, $13.25 million in 2019, and $11.25 million in 2020.
Pierre-Paul's cap hit this season is $12.5 million, with $11.25 million in dead cap money.
He will be off the Giants' books beginning in 2019, when WR Odell Beckham, Jr. and S Landon Collins are eligible to be unrestricted free agents.
Pierre-Paul had 433 combined tackles, 58.5 sacks, and 13 forced fumbles during his eight seasons with the Giants. He missed half of the 2015 season due to a fireworks accident that badly mangled parts of his right hand.
The Giants, who have the 2nd overall pick in this year's Draft, may not have any of the top-rated quarterbacks in the Top 3 on their draft board. Instead, their top-three rated prospects may be RB Saquon Barkley, DE Bradley Chubb, and OL Quenton Nelson.
Click below for analysis from SNY's Giants Insider Ralph Vacchiano...