Tagged in: option

New York Giants won’t exercise fifth-year option on QB Daniel Jones

The New York Giants have elected to decline the fifth-year option on quarterback Daniel Jones’ rookie contract, a source told ESPN’s Dianna Russini. It would have guaranteed the team’s starting quarterback $22.39 million next season.

The Giants did opt to pick up the fifth-year option on the rookie contract of defensive lineman Dexter Lawrence, the team revealed. The 17th overall pick in the 2019 NFL draft is now guaranteed $10.8 million for the 2023 season.

Jones, 24, was the sixth overall selection in the 2019 draft out of Duke. But while the Giants still think he can be their quarterback into the future, he hasn’t yet shown it consistently on the field. Jones has missed matches because of injury each of his first three professional seasons and has thrown just 21 touchdown passes in the past two seasons combined.

Jones’ 24 touchdown passes as a rookie remains a career high.

That made the decision on the young quarterback rather obvious. The Giants didn’t want to guarantee Jones more than $20 million before they saw him perform consistently at a level where there was no doubt that he was a franchise quarterback. They might have high hopes, but it hasn’t happened in the first three seasons playing under three different offensive coordinators.

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General manager Joe Schoen mentioned the cautionary tale of the Carolina Panthers and Sam Darnold not long after he was hired. Darnold is guaranteed $18.9 million this season after the Panthers traded for him and picked up his fifth-year option before he ever played a game for the team. Meanwhile, Carolina spent this offseason trying to land an upgrade at quarterback and are stuck with Darnold on their books.

Cleveland, which ultimately landed Deshaun Watson, is in an alike position with Baker Mayfield, who also had his fifth-year option picked up last year.

It’s not that the Giants don’t have confidence and high hopes for Jones; they do. But if he performs as they expect — under the new regime led by coach Brian Daboll — they can always use the franchise tag next year at around $30 million or sign Jones to a long-term deal. They don’t feel the need to make any commitments at this point.

Jones will remain the Giants’ starter to start this season, and the organization has high expectations despite signing veteran Tyrod Taylor to a two-year deal this offseason.

“We do feel Daniel can play,” co-owner John Mara said earlier this year. “We’ve done everything possible to screw this kid up since he’s been here. We keep changing coaches, keep changing coordinators, keep changing offensive line coaches. I take a lot of responsibility for that. But let’s bring in the right group of coaches now and give him some continuity and try to rebuild the offensive line and then be able to make an intelligent evaluation of whether he can be the franchise quarterback or not.”

Mara added later this offseason that either you have your quarterback or you don’t, and he considered the Giants had theirs. In the meantime, Taylor is signed for $5.5 million next year and could potentially serve as a relatively inexpensive bridge option should Jones not pan out.

Lawrence, 24, has been a three-year starter in the middle of the Giants’ defense. He had 52 tackles and 2.5 sacks last season.

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Chicago Bulls exercise contract options on Coby White, Patrick Williams

The Bulls have exercised a pair of rookie scale team options, locking in guard Coby White and forward Patrick Williams for the 2022/23 campaign, the team revealed wednesday in a press release.

While decisions on standard team options are typically due right before free agency begins, teams have to make their decisions on rookie scale team options a year in advance.

By October 31, clubs must either exercise or decline third-year options for first-round picks from 2020 and fourth-year options for 2019’s first-rounders.

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White was a starter for the Bulls this past season, but figures to come off the bench following the team’s acquisition of Lonzo Ball in free agency.

The 21-year-old averaged 15.1 PPG, 4.8 APG, and 4.1 RPG on .416/.359/.901 shooting in 69 games (31.2 MPG) in 2020/21. His ’21/22 debut may be delayed, since he’s coming off left shoulder surgery.

Williams, the No. 4 pick in the 2020 draft, was also a full-time starter last season as a 19-year-old rookie.

His role for 2021/22 stays unclear, but the former Florida State standout looks like a key part of Chicago’s long-term plans. He put up 9.2 PPG and 4.6 RPG on .483/.391/.728 shooting in 71 games (27.9 MPG) last season. White’s fourth-year option for 2022/23 is worth $7,413,955.

He’ll now be extension-eligible during the 2022 offseason and would be eligible for restricted free agency in 2023 if he doesn’t sign a new contract next year.

Williams’ third-year option for ’22/23 will pay him $7,775,400. The Bulls will have to decide on his fourth-year option for 2023/24 by October 31, 2022.

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Kawhi Leonard declines $36 million player option for next season

Kawhi Leonard has declined his $36 million player option for next season, becoming a free agent, a source confirmed to ESPN’s Adrian Wojnarowski.

The expectation is that Leonard will negotiate a new deal to stay with the LA Clippers.

Yahoo Sports first reported that Leonard has declined his option.

Leonard’s decision comes in the wake of having surgery on July 13 to repair a partially torn right ACL that kept him out of the LA Clippers’ final eight playoff games.

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Leonard could potentially miss a chunk of the upcoming season.

The Clippers stated in their news release revealing the surgery that there was no timetable for his return.

Despite the injury, Leonard remained the biggest star in the league with a decision to make this summer concerning his future.

He decided between opting into his contract for $36 million in 2021-22 with the option of then signing a four-year, $181.5 million extension that would start in 2022-23 or declining the option and potentially signing a four-year, $176.2 million deal.

Leonard averaged 24.8 points, 6.5 rebounds and 5.2 assists in 52 regular-season games during his second campaign with the Clippers. He missed nine out of 10 regular-season games in April due to a foot injury.

Prior to Leonard’s knee injury, the Clippers got a glimpse of their potential with Leonard and Paul George playing their best basketball together on the playoff stage.

Leonard averaged 30.4 points, 7.7 rebounds and 4.4 assists while shooting 57.3 percent in 11 postseason matches.

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QB Trevor Lawrence signs $36.8 million rookie contract with Jacksonville Jaguars

Jaguars quarterback and No. 1 overall pick Trevor Lawrence signed his four-year rookie contract Monday, clearing the way for him to attend the start of training camp in three weeks.

Under the NFL’s rookie slotting system, Lawrence’s deal was projected to be worth $36.8 million and included a $24.1 million signing bonus. He will count $6.7 million against the salary cap in 2021.

The contract also incorporates a fifth-year option that is attached to every rookie deal for first-round selections.

A source told ESPN’s Adam Schefter that details of the contract includes: Lawrence’s signing bonus will be paid within 15 days and the quarterback is deemed to have passed his physical for signing bonus purposes.

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There is no offset language in the contract, meaning that he would still receive the full amount of guaranteed money left in his contract even if he were to be released and sign with another team.

The majority of Lawrence’s compensation will come in his roster bonuses in 2022, 2023 and 2024.

He will earn that bonus if he is on the 90-man roster on the third day after the mandatory reporting date.

Lawrence will earn his roster bonus even if he is on the active non-football injury list.

With Lawrence under contract, Jacksonville has now signed six of its nine draft picks. Running back Travis Etienne (first round), cornerback Tyson Campbell (second) and offensive tackle Walker Little (second) remains unsigned.

Lawrence is anticipated to be an immediate starter in Year 1. He went 34-2 at Clemson, recording the third-best winning percentage by a starting quarterback (minimum 30 starts) in college football since 1978.

He finished his college career undefeated in regular-season play and led the Tigers to the national championship as a freshman in 2018.

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