New York Giants take $60 million offer off the table after player injures hand lighting off fireworks
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Pierre-Paul was sent to the hospital after suffering a hand injury while attempting to light fireworks in Florida. Since then, the Giants have rescinded a long-term, $60 million offer to him, according to NFL's Ian Rapoport.
Rapoport also noted that Pierre-Paul, who'd been holding out for more money, was going to decline the offer anyway, and play on the franchise tag, worth about $14.8 million.
ESPN's Adam Schefter reported that after initial confusion over the injury, it won't be career-threatening, and as of now, Pierre-Paul has some burns on his hand and potential nerve damage in one finger.
Though Pierre-Paul was going to turn down the offer, this could affect him in the long-run. As FanSided's Matt Verderame notes, Pierre-Paul wanted big money after seeing players like J.J. Watt and Ndamukong Suh get over $100 million the last two seasons. Pierre-Paul, however, has not been as consistent as Watt or Suh, and now has even further injury concerns.
Spotrac recently estimated Pierre-Paul's worth around $69 million - still well short of that $100 million figure:
Our recent valuation for Jason Pierre-Paul saw a new deal w/ the #Giants worth 5yrs/$69M ($29.2M g'teed). Likely not an option now.
- Spotrac (@spotrac) July 6, 2015
With Pierre-Paul likely to play on the franchise tag now, he's forced into a one-year bet on himself. Not only has he lost long-term security, he now has to prove that there aren't any lingering injury concerns and outplay that $60 million offer.
If he doesn't have a great season, he could regret turning down $60 million.
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