Saquon Barkley ends standoff, agrees to deal with Giants

The contract impasse between star running back Saquon Barkley and the New York Giants is far from over.

The team announced that a one-year contract agreement has been reached between the two parties.

According to the media, the deal is worth up to $11 million and includes a $2 million signing bonus.

Giants general manager Joe Skone said in a press conference that "obviously we're glad we were able to work with Skone."

Barkley was to be paid $10.1 million this season if the two sides could not reach an agreement on a long-term deal by July 17.

According to the NFL's franchise tag rules, Barkley and the Giants were still allowed to negotiate the terms of the one-year deal after the July 17 deadline.

The new deal does not include any provision regarding the franchise tag for the next year.

The 26-year-old Barkley has rushed for a career-high 1,312 yards.