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Source: Giants agree to 1-year, $5M contract with Drew Lock

The New York Giants have reached a one-year, guaranteed $5 million deal with former Seattle Seahawks quarterback Drew Lock, a source told ESPN's Adam Schefter on Tuesday.

The signing helps fill the void created by the departure of free agent Tyrod Taylor, who agreed to terms with the New York Jets on Monday. Lock will join starter Daniel Jones and Tommy DeVito in the quarterback room, but the Giants could potentially address the position early in next month's draft with the No. 6 overall pick.

The Giants have also agreed to one-year deal with New England Patriots safety Jalen Mills, a source told Schefter.

Lock spent the past two seasons with the Seahawks as Geno Smith's backup after Seattle acquired him from the Denver Broncos in the 2022 Russell Wilson trade. He went 1-1 in two starts last year while Smith was sidelined with a groin injury, losing to the San Francisco 49ers before beating the Philadelphia Eagles on "Monday Night Football."

In four relief appearances in 2023, Lock, 27, completed 63.2% of his passes while throwing for three touchdowns and three interceptions. One of his TDs was a game-winner to Jaxon Smith-Njigba in the closing minutes against Philadelphia, which snapped Seattle's four-game losing streak and marked Lock's first win as a starter since December 2020.

The 2019 second-round pick spent his first three seasons with Denver, going 8-13 as a starter. While going in and out of the Broncos' starting lineup, he threw 25 touchdown passes to 20 interceptions and completed 59.3% of his passes in 24 games.

Lock was widely presumed to be Seattle's starter after the trade, but he never overtook Smith in their battle for the job. A significant setback in Lock's bid came when he had COVID-19 during training camp in 2022, which sidelined him for a preseason game that he was scheduled to start.

He didn't play a down during the 2022 regular season, tested free agency and returned to Seattle as Smith's backup on a one-year, $4 million deal.

Over his five-year NFL career, Lock has completed 59.7% of his passes for 28 touchdowns and 23 interceptions in 28 games.

Mills, who will turn 30 in April, spent the last three seasons with the Patriots after playing the first five years of his career with the Philadelphia Eagles, who drafted him in the seventh round of the 2016 NFL draft.

ESPN's Brady Henderson contributed to this report.