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Jason Pierre-Paul Reportedly Franchise Tagged by Giants

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The New York Giants reportedly utilized the franchise tag on defensive end Jason Pierre-Paul, Pro Football Talk reported Monday. NFL Network's Mike Garafolo confirmed the report.

According to Pro Football Talk's Mike Florio, the Giants are reportedly using the non-exclusive tag, which will net Pierre-Paul an estimated $16.83 million on a one-year tender.

Garafolo noted New York felt compelled to act since Pierre-Paul was receiving heavy interest throughout the league. ESPN.com's Josina Anderson reported the Giants are continuing to work him on a possible long-term extension.