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Jason Pierre-Paul signs one-year deal with Giants

Jason Pierre-Paul's long-awaited return to the New York Giants is here. 

Pierre-Paul has signed a one-year, incentive-laden deal with the Giants, the team announced Tuesday. NFL Media Insider Ian Rapoport first broke the news. The Giants are "comfortable" with where Pierre-Paul is physically after examining his hand this week.

Pierre-Paul can earn up to $8.7 million on his deal with a low guarantee but reachable incentives, Rapoport added, per a source. There is no franchise tag provision, so the Giants are free to tag Pierre-Paul again next year.

The Giants received a two-week roster exemption for him to start practicing. The roster exemption means the team has two weeks to activate Pierre-Paul as he gets back into football shape. Pierre-Paul told the team's website he feels "younger" after his time away from the game

"What a humbling experience this has been for me!" Pierre-Paul wrote on Instagram.

Pierre-Paul lost a finger and damaged other parts of his hand in a July 4 fireworks accident, raising doubts about his ability to continue playing football. The team had used its franchise tag on the two-time Pro Bowl pass rusher in March, but Pierre-Paul had not signed his $14.8 million tender before the injury and has not been under contract since the offseason began. He's expected to sign a prorated deal that will be heavy on incentives.

The Giants have survived JPP's absence well, going 4-3. But they have virtually no pass rush and they are No. 29 in the NFL in yards allowed on defense. Pierre-Paul is exactly what this defense needs in a critical season for coach Tom Coughlin and general manager Jerry Reese. 

After an difficult offseason for both the team and Pierre-Paul, both sides were all smiles Tuesday:

UPDATE: According to Rapoport, Pierre-Paul receives $50,000 for every half a sack and gets $ 1 million if he gets 9.5. If he gets 10 sacks, he gets all $8.7 million. If he eclipses 7.5 sacks, he earns more than $863,000.

If he appears in seven games, he makes $1.5M in per-game roster bonuses. He gets $250,000 if he plays more than 80 percent of eligible snaps.

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