Former St. Louis/Los Angeles Rams cornerback Janoris Jenkins is reportedly signing quite a hefty deal with the New York Giants. It looks to be a five-year deal worth $62.5 million, with $29 million fully guaranteed.

I'm told CB Janoris Jenkins earned a five-year, $62.5M deal from the #Giants. That's $12.5M per year. @SchwartzFeinsod back at it again. — Rand Getlin (@Rand_Getlin) March 9, 2016

Jenkins' agents (@SchwartzFeinsod) negotiated a deal that has $29M fully guaranteed at signing. Will pay him $40M over the first three. — Rand Getlin (@Rand_Getlin) March 9, 2016

Given that Carolina Panthers cornerback Josh Norman is also in the market for a new deal and is under the franchise tag currently, it’s something I’m sure he and his agent are watching closely. In fact, based on his Twitter post, it looks like he saw it and wanted to let everyone know.

While those emojis could be pointed at a number of things, including the Panthers signing quite a few of their own free agents before Norman, my guess is that it has to do with his own deal.

When we talked to a former sports agent Joel Corry, the numbers we got were quite close to what Jenkins is set to receive from the New York Giants. While Jenkins is a solid corner, many would argue that Norman put himself at the top of the league last season, earning his first All-Pro designation.

If I were Norman, I’d be looking at the $12.5 million per season that Jenkins just got and looking to improve that pretty heavily, falling right in line with the $14 million or more and $40 million guaranteed that Corry expected. It is this type of market setting deal that could make the Panthers pony up the type of cash that Norman was originally looking for or could completely derail the negotiations all-together.

Just like Norman, we’ll be watching the market really closely.