According to Connor Hughes of SNY, the Giants are trading for tight end Darren Waller from the Las Vegas Raiders in a huge deal.
The Raiders will receive the No. 100 overall pick (a third-rounder) in the 2023 NFL Draft from New York.
Manager Joe Schoen has essentially transformed Kadarius Toney into Waller because that pick was the one the Giants received from the Kansas City Chiefs last year in exchange for Toney.
Injuries, notably a hamstring ailment, limited the 30-year-old Waller to nine games last season. Waller had back-to-back 1,100-yard receiving seasons for the Raiders in 2019 and 2020 (when he was chosen to the Pro Bowl).
Waller is under contract through the 2026 season. His cap hit is just shy of $12 million in 2023 and escalates a bit in the ensuing years — $12 million in 2024, $13 million in 2025, and $15 million in 2026.
He should give quarterback Daniel Jones a massive target in the middle of a revamped offense around Jones and Saquon Barkley.
After dealing for one of the best tight ends in football, the Giants will likely add multiple wide receivers to a group that was decimated by injury last season and doesn’t currently feature a legitimate No. 1 option.
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Big Blue recently re-signed Sterling Shepard on a one-year, prove-it deal. Other receivers on the roster include Isaiah Hodgins and Wan’Dale Robinson.
The free agent class for wide receivers is viewed as being quite weak, so Big Blue’s best bet to address the position could be in the draft, at No. 25 and/or later on.