The running back has been devalued in today's NFL, and teams around the league reportedly feel that is why the New York Giants don't have a formal long-term offer on the table for Saquon Barkley after placing the non-exclusive franchise tag on him this offseason.
ESPN's Jeremy Fowler discussed the situation during an appearance on SportsCenter:
"They definitely have high interest in bringing him back either on the tag or a long-term deal. But GM Joe Schoen said at the Owners Meetings this week that they had pulled the offer they made to Saquon before they placed the franchise tag on him.