New York Giants defensive end Jason Pierre-Paul is now only a few short weeks removed from hitting the free agent market. By all accounts, Giants general manager Jerry Reese doesn’t want that to happen, but JPP has already warned that he will not sign a franchise tag.

Even with a projected franchise tag value of $17 million, Pierre-Paul insists on landing what may be his last long-term deal. And if that doesn’t come from the Giants, then so be it.

Despite those warnings and the fact that no hometown discount is on the horizon, the Giants will reportedly do all they can to re-sign Pierre-Paul for the long term. And based on his resume, Jordan Raanan reports that JPP’s projected value now sits at roughly $15 million per season.

Projected contract: 4 years, $59 million, $21 million guaranteed Synopsis: Pierre-Paul proved this past season that he’s worth a lucrative investment. Even though a good chunk of his sacks came against the Browns and Bears (two bad teams), he produced consistent pressure off the edge and re-established himself as an effective run defender. He’s not among the league’s best pass-rushers, but he’s still a force to be reckoned with each week for opposing offenses. Chances he returns to Giants: 70 percent

The projection Raanan came up with is based on the input of five league sources, including executives, agents and salary cap experts. And although the projected deal is one year shorter than that of fellow defensive end Olivier Vernon, it is relatively comparable and fits the value JPP has already placed upon himself.

Mike Garafolo of FS1 concurs.

Yes. Talked to some around the league who thought back at the Senior Bowl it would be ~$13m apy. They've since adjusted to $15m-ish. https://t.co/1Zk6HOy7SV — Mike Garafolo (@MikeGarafolo) February 20, 2017

Although Pierre-Paul has warned against the Giants slapping him with the franchise tag, it’s becoming more and more likely that’s exactly how this situation will play out prior to an agreement on a long-term deal.