The Giants have their deal with Leonard Williams.
The two sides agreed Tuesday to a three-year, $63 million contract with $45 million guaranteed, according to multiple reports.
The Giants had placed the franchise tag on Williams, 26, as they tried to work out a multi-year agreement. The move opens up 2021 cap space for the Giants, who can now move on to other business in NFL free agency.
On Monday, the Giants saw defensive lineman Dalvin Tomlinson sign with the Vikings, while recently released guard Kevin Zeitler ended up with the Ravens.
GM Dave Gettleman was able to agree to terms to keep defensive tackle Austin Johnson in the fold, and added Devontae Booker as running back depth on an otherwise quiet start to free agency for the team.