The New York Giants and Daniel Jones came to an agreement on a four-year, $160 million contract just before Tuesday's deadline to use franchise tags.

Per the report, Jones can earn another $35 million through incentives, which pushes the contract's value to close to $200 million.

The exact structure of the contract isn't yet known. Full details will reveal how early the Giants might be able to move on from Jones without much financial responsibility.

He's believed to be receiving $82 million in guaranteed money.