Players who had been franchise tagged were able to sign long-term extensions up until 4 p.m. Wednesday. With the deadline having passed, Pierre-Paul has no choice but to play out this season on a one-year deal worth $14.8 million, or sit out. The two sides cannot begin negotiating a long-term contract until after the regular season.
Pierre-Paul, 26, injured his hand in a fireworks accident on the Fourth of July which led to the amputation of his right index finger last week, as well as a skin graft and surgery to repair a fractured thumb.
A two-time Pro Bowler with 42 sacks and 286 total tackles in five NFL seasons, Pierre-Paul has yet to sign his franchise tender with the Giants. The New York Daily News reports the Giants do not intend to rescind the franchise tag.
- Dan Gartland and Jeremy Woo