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Did the New York Giants undervalue Leonard Williams based on inability to reach extension?

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The New York Giants have plenty of time to sign interior defensive lineman Leonard Williams to an extension. General manager Dave Gettleman placed the franchise tag on Williams almost two weeks ago, which will count $16.126 million against the salary cap. That is a lot of money for Williams, who was anticipated to earn somewhere in the $10-12 million range per season.

While there is no rush for Williams to sign an extension with the Giants or stay on the franchise tag, the team has until July 15 to officially make a decision on his future.