Sources: Wilson reaches 1-year deal with Giants

EAST RUTHERFORD, N.J. -- The New York Giants reached agreement with Super Bowl-winning quarterback on a one-year deal worth up to $21 million, including $10.5 million guaranteed, sources told ESPN's Adam Schefter on Tuesday.

The 10-time Pro-Bowl selection had been in discussions with the Giants, Cleveland Browns and Pittsburgh Steelers, but is opting for New York, where he won Super Bowl XLVIII in MetLife Stadium as a member of the Seattle Seahawks.

Now, Wilson is returning there as the Giants' projected starting quarterback.

The agreement between Wilson and the Giants now eliminates New York as a potential option this season for Aaron Rodgers, sources told Schefter.

It also now leaves Rodgers and the Steelers -- Wilson's former team -- in a position to work out their own agreement, if the quarterback decides he wants to play this season.

The addition of Wilson comes just days after the Giants agreed to terms with Jameis Winston. Their quarterback room now consists of Wilson, Winston and Tommy DeVito.

The veteran Winston agreed to a two-year, $8 million contract with the team last week. The terms of his contract indicated it was more a backup-level deal. DeVito is a holdover who appeared in 12 games for the team the past two seasons.

The eventual signing of Wilson does not eliminate the possibility of the Giants taking a quarterback in next month's NFL draft. New York currently holds the No. 3 pick and owner John Mara said at the end of this past season that the team's top priority and "No. 1 issue" was to find a quarterback of the future. Wilson, Winston and DeVito aren't on long-term deals.

Wilson choosing the Giants makes sense; a source told ESPN at the start of the offseason that he was interested in making a move to New York.

It was also believed that Wilson initiated a meeting with the Giants last offseason. But the Giants weren't willing to offer him the starting job last year. They were intent on giving Daniel Jones one more chance. Instead, Wilson landed in Pittsburgh, Jones began the season as the Giants' starter and was benched and cut before the year concluded.

Wilson, 36, signed a one-year contract with the Steelers on the eve of free agency last offseason. Though he was hampered by a lingering calf injury throughout training camp and the first six weeks of the season, he ultimately replaced Justin Fields as Pittsburgh's starter in Week 7 and went 6-1 in his first seven starts.

But after that early success, Wilson and the Steelers ended the 2024 season on a five-game losing streak. He threw just six touchdown passes, turned over the ball four times and was sacked 18 times during that stretch. Wilson finished the season with a 6-5 record as the starter with 16 touchdown passes to five interceptions. He completed 63.7% of his passes and was sacked 33 times.

Before last season in Pittsburgh, Wilson spent two seasons with the Denver Broncos, who signed him to a five-year, $242.6 million deal after acquiring him in a massive trade with the Seahawks. But the Broncos went just 11-19 during Wilson's tenure and didn't make the playoffs, and he was released by the team last March despite his contract carrying more than $85 million in dead money after his exit.

Wilson landed in Denver in 2022, when the Broncos sent five draft picks, including two first-rounders, and three players to the Seahawks in exchange for the Super Bowl-winning quarterback.

Wilson spent his first 10 years with the Seahawks and threw two touchdown passes in Seattle's Super Bowl XLVIII win. He has 46,135 passing yards, a 64.7% completion percentage (3,882 for 6,001) and 350 touchdown passes to 111 interceptions over a 13-year career.

ESPN's Brooke Pryor contributed to this report.