Giants and Deonte Banks fail to agree on contract extension
Yahoo Sports • 1 min read • Latest: Nov 4, 2026, 4:25 PM
Last updated Nov 4, 2026
The New York Giants and cornerback Deonte Banks could not reach a contract extension agreement before the upcoming offseason. The Giants made an offer similar in structure to the one received by fellow cornerback Newsome, who recently signed a three-year, $46 million deal. Despite the effort, sources indicate that the negotiations may extend into free agency after the 2026 season. The Giants previously declined Banks' fifth-year option, which would have ensured him a salary of $12.633 million for 2027. They have expressed positive evaluations of Banks after his performance this season.
- •Giants offered Deonte Banks a contract extension before free agency.
- •Negotiations may continue into the offseason.
- •The Giants declined Banks' fifth-year option earlier this year.
- •Banks has shown improvement in his coverage this season.
- •The organization views Banks similarly to other top corners.
- 4:25 PMYahoo Sports — Report: Giants, Deonte Banks unable to reach agreement on extension
"The New York Giants and CB Deonte Banks have reportedly been unable to come to an agreement on a contract extension.
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