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Jacobs reaches contract extension


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The Giants have reached an agreement with running back Brandon Jacobs on a four-year, $25-million deal, Jacobs' agent, Justin Schulman of Athletes First, has confirmed. Schulman declined to provide specifics, but someone familiar with the contract said more than half the total money is guaranteed and Jacobs will be paid $15 million in the first two years of the deal. "Brandon is ecstatic to continue his career with the New York Giants," Schulman said. "We appreciate the Giants' investment in Brandon and especially acknowledge the effort put in by (assistant GM) Kevin Abrams. We're excited to keep Brandon in Giants blue for years to come."


The Giants had placed the franchise tag on Jacobs on Feb. 13. They had until July to talk about a long-term contract. Signing Jacobs now allows them to lower his cap number for this upcoming season from $6.621 million and create more space to use in free agency and perhaps on a new deal for QB Eli Manning. It's unclear what Jacobs' new 2009 cap number is, but it's certainly lower than the previous figure.More to come.MG

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Just adding on to the praise, but this really is a great deal for us. Like was said earlier, in 4 years, BJ's gonna be slowing down, the legs will be beat up....we should be able to resign him somewhat cheap to be a short yardage back.



The reason this deal got done? Jacobs wanted to remain a Giant. That right there is worth every penny.

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Perfect deal... I was affraid Jacobs wanted M. Barber money.



He did! But somehow JR got him to agree to this much more reasonable deal. Can't believe he could get that good a deal (for the Giants) done so quickly!

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