The New York Giants have signed offensive tackle Will Beatty on a five-year deal that could be worth up to $38.75 million if incentives are reached. It includes $19 million fully guaranteed and a $12.5 million signing bonus.
“It’s good to be home,” Beatty said. “It’s a great feeling. You could be going through free agency, but when that happens a lot of stuff is going through your mind. That feeling is no longer there. You’re settled in with a great team, a team I love playing for. I know the coaching staff. I’m looking forward to getting back in it and moving forward."
A little over 24 hours ago, the two sides were said to be only a few "minor issues" away from a long-term deal, which General Manager Jerry Reese and co-owner John Mara each said was a top priority this offseason.
The Giants felt they had plenty of time to work out a deal with Beatty, and, as it turns out, they did. And although they had the option of using the franchise tag on him, they wanted to stay away from that with the value upwards of $10 million. Instead, Beatty's new deal works out to an average of approximately $7.5 million per season, although year-by-year details have not yet been made available.
With only an estimated $5 – $6 million in cap space entering the week, it suggests 2013 will be a low salary year for Beatty or that the team moved money around elsewhere (we will update this later).
Beatty was one of only four offensive tackles in the NFL who received a 10.0+ rating by Pro Football Focus in both run and pass blocking in 2012. Needless to say, this was a great and much needed deal for the Giants.
Also…Football, New York, New York Giants, NFL, Will Beatty