With the franchise tag deadline coming Thursday, several teams will be making crucial decisions this week.
NFL Network Insider Ian Rapoport reported Monday that Williams and the Giants are not close on a contract extension, per sources informed of the situation. Rapoport added that the tag is a possibility for Williams, but New York could also let him hit the market.
In eight games with Big Blue in 2019, Williams compiled 26 tackles, half a sack and two passes defended.
Giants general manager Dave Gettleman frequently defended his decision to trade for a player set to be a free agent, noting the team wanted to get an up-close look at the player once in the building. With a new coach Joe Judge in New York, it's unclear how Williams might fit in defensive coordinator Patrick Graham's system.
Rapoport noted that Williams is expected to have a strong market. The franchise tag could be a mechanism for keeping the former first-round pick in New York if the Giants want an extended look without a long-term commitment.
The deadline for teams to use the franchise tag is Thursday at 4 p.m. ET.