According to ESPN's Adam Schefter, the Giants will use the franchise tag on defensive end Jason Pierre-Paul if the two sides can't agree on a long-term deal by March 2.
During the NFL Combine, Giants GM Jerry Reese said the two sides were talking, but wouldn't say much more than that.
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"It's really not appropriate to really talk about where we are in respect to that, but we are talking," he said via NJ.com.
Coach Tom Coughlin said the goal for Pierre-Paul is "for him to be a Giant and play as a Giant forever, and retire as a Giant." In order to do that, it appears the team will have to use the franchise tag. This will cost the team about $15 million for the 2015 season.
It also means the two sides can continue negotiations until July.
