The New York Giants have signed pass-rusher Brian Burns to a $150 million contract in a trade with the Carolina Panthers, league sources told ESPN's Adam Schefter on Monday.
Burns will have $87.75 million guaranteed in his contract, making him the second-highest paid defensive end in NFL history.
The Giants are sending a 2024 second-round pick and a 2025 fifth-round pick to the Panthers in exchange for Burns, sources said. The teams will also trade fifth-round picks in the 2024 draft, a source told ESPN's Jordan Ronan.
Burns received the non-exclusive franchise tag from the Panthers last week.
The Panthers attempted to sign Burns to a long-term contract following the 2022 season, during which he had a career-high 12.5 sacks and was named to the Pro Bowl for the second year in a row.
Talks broke down before the 2023 season, however, as Burns sought to earn a contract that would average about $30 million a year in the NFL, a league source with knowledge of the negotiations told ESPN's David Newton.
Burns' sack total dropped to eight last season, but the 16th pick in the 2019 draft out of Florida State emphasized what he earned the previous season.
Burns, 25, also acknowledged his sacking by Carolina with a league-worst 2-15 record without leading in the fourth quarter. After spending most of his NFL career as a defensive end in a 4-3 scheme, this will be his first full season as an outside linebacker in a 3-4 scheme.
His 46 sacks over the last five seasons tied for 13th in the NFL over that span.
