We’ll be breaking down all the major and minor moves for NFL Free Agency with grades and analysis. You can find the comprehensive list of moves and grades here.
Reported deal: Four years/$72 million with $40 million guaranteed
In a tepid wide receiver market, there was one true No. 1 remaining. After a multi-day stay in New Jersey, Kenny Golladay got a No. 1 receiver deal from the New York Giants. The $72 million deal will average $18 million per year, which will tie him as the sixth-highest paid receiver by average annual value along with Tyreek Hill and Odell Beckham Jr.
Golladay reportedly had one-year offers elsewhere, as well as the choice to take a one-year deal with the Giants but Golladay was able to work his way into a top-of-the-market long-term deal, which hasn’t existed much at any position this offseason.
Few teams needed a true No. 1 receiver more than the Giants, who have built the receiving corps around WR2’s and 3’s since the Beckham trade. Golladay’s skill set will be an interesting mix with the Giants. Throughout his career, Golladay has been a standout deep receiver, but that doesn’t come with a ton of separation.
In 2019 on passes that traveled at least 20 air yards, Golladay was first in targets (37), receptions (17), yards (649), and tied for first in touchdowns (five). As a whole, Golladay only averaged 1.9 yards of separation on his 2019 targets, according to Next Gen Stats, which was the lowest among 126 receivers and tight ends with at least 43 targets (Next Gen’s leaderboard cutoff).
Daniel Jones hasn’t been one to shy away from throwing into tight windows, which has been a boom-or-bist proposition throughout his young career. Jones can be accurate on downfield passing but also throw up balls without a high probability of completion. A Jones-Golladay deep pass could lead to some fantastic contest catches and some terribly bad decisions. The full spectrum is in play.
The Giants needed a No. 1 receiver and Golladay can serve that role, but the intersection of skill sets and scheme might make for a bumpy initial transition.