The New York Giants have pulled their offer for Jonathan Taylor. Fox Sports insider Jay Glazer reported on Sunday, November 8, that the Giants offered the Indianapolis Colts a second-round pick and a fifth-round pick for the star running back, and then took the offer off the table when the Colts did not accept it. The trade is not done, and Taylor is still a Colt for now. But the NFL trade deadline arrives at 4:00 p.m. ET on Tuesday, November 10, and a deal is widely expected before then.
Quick Facts
| Fact | Detail |
|---|---|
| Player | Jonathan Taylor, running back, Indianapolis Colts |
| Reported Giants offer | A second-round pick and a fifth-round pick |
| Status of the offer | Pulled by the Giants after the Colts did not accept it |
| Source of the report | Fox Sports insider Jay Glazer, Sunday, November 8 |
| Trade deadline | 4:00 p.m. ET on Tuesday, November 10 |
| Colts record | 2-7 after a Week 9 loss to the Dallas Cowboys |
| Taylor this season | 161 carries for 656 yards and 8 touchdowns in 9 games |
| Taylor contract | Under contract through the 2028 season |
| Betting favorite for next team | Giants at 28 percent, according to Kalshi |
| Chance Taylor stays in Indianapolis | 25 percent, according to Kalshi |
What the Giants Offered and Why They Pulled It
The Giants made a real offer, and that matters. According to Glazer, New York put a second-round pick and a fifth-round pick on the table for Taylor. That is a serious price for a running back in the modern NFL, where teams are usually careful about spending high draft picks at the position. The Giants clearly believed Taylor could change their offense right away.
The Colts did not say yes. Indianapolis looked at the offer and decided it was not enough, or at least not enough to move now. The Giants then pulled the offer instead of waiting around or raising it on the spot. That is a normal part of trade talks.
For the Colts, turning down a second-round pick and a fifth-round pick tells us something too. Indianapolis is 2-7 and selling, but it is not giving Taylor away. The team clearly thinks a better offer is coming, or that it can get more by waiting until the deadline gets closer. That is a gamble the Colts are willing to take.
What John Harbaugh Actually Said
Giants head coach John Harbaugh was asked about the report after the Giants’ 19-11 win over the Eagles, and he did not deny it. His answer was careful, and it is worth reading closely because coaches in this spot usually say nothing at all. Harbaugh said: “I’m not saying that report’s not true. Those conversations are taking place… Things do change. Things change from day to day… we’re not ruling anything out, but I don’t see anything particularly imminent right now either.”
That is a classic coach answer, but it is not a denial. Harbaugh could have called the report false. He did not. He could have said the Giants have no interest in Taylor. He did not. Instead, he left the door open while making it clear that no deal is close at this moment. The words “not ruling anything out” and “nothing particularly imminent right now” live side by side in the same answer, and both parts matter.
Why the Colts Are Selling and What Taylor Is Worth
The Colts are 2-7 after losing to the Dallas Cowboys in Week 9, and they are in sell mode. A losing team in November has to choose between keeping its stars and trading them for draft picks. Indianapolis has chosen to sell. The Colts have already traded DeForest Buckner and Nelson in a fire sale. Trading Taylor would be the biggest move of all, because he is the best player left on the roster.
Taylor’s numbers this season back up his value. He has 161 carries for 656 yards and 8 touchdowns in 9 games. That is strong production on a team that has struggled to win, and it shows he is still one of the best running backs in the league. A team that trades for him is not buying a name from the past. It is buying a player who is producing right now, in a bad situation, with a lot of football left in him.
His contract adds to his value, and it also makes the trade harder to complete. Taylor is under contract through the 2028 season, so a team that trades for him is not renting him for a few games. It is getting a running back it can build around for years. That is good for the buyer, but it also means the Colts can ask for more, because they are giving up years of control, not just a few months.
The Colts have one more problem that shapes what they might accept. The team does not own a 2027 first-round pick, which affects the kind of return it needs from a Taylor trade. A team without its own first-round pick in the next draft has less room to rebuild through the draft, so it needs to get real value back when it trades a star. That is likely part of why Indianapolis turned down a second-round pick and a fifth-round pick.
The Other Teams in the Race
The Giants are not the only team linked to Taylor, and that is a big part of why the Colts felt they could turn down the offer. Pro Football Talk’s Mike Florio reported the belief in league circles is that the Colts will take the best offer on the table before the trade deadline, and a trade is expected to happen. If several teams are bidding, the price goes up. If only one team is bidding, the price stays flat. The Colts are counting on a bidding war.
The teams linked to Taylor are the Giants, Vikings, Seahawks, Broncos, and Packers. The Packers are reported to be prepared to make a strong offer, which is the kind of news that should worry the Giants. If Green Bay comes in with a bigger package, the Giants may have to decide whether to raise their offer or walk away for good.
The weekend around the league showed how quickly things can change for teams in the playoff race. The Bears beat the Buccaneers 27-24 on a game-winning field goal from Santos, a result that kept Chicago in the fight. You can read about that finish in our report on the Bears beating the Buccaneers. The Packers also made a statement, beating the Patriots 45-27 in a game that showed just how dangerous their offense can be right now, as covered in our story on the Packers beating the Patriots. And the Texans rolled past the Chargers 44-22 behind five touchdowns from Stroud, with the full story in our report on the Texans beating the Chargers.
Taylor himself is reported to expect to be traded before the deadline, and he was emotional at what may have been his last press conference with the Colts. He believes his time in Indianapolis is ending. When a player feels that way, and the team is already selling, a trade usually follows. The only question left is where he goes, and for how much.
What Happens Before Tuesday at 4 p.m. ET
The trade deadline is 4:00 p.m. ET on Tuesday, November 10, and that deadline will do a lot of the work in the next two days. Deadlines force decisions. A team that has been waiting for a better offer has to decide whether to take the best one on the table or risk keeping the player. A team that has pulled its offer has to decide whether to come back with a new one or move on. The next 48 hours will be full of phone calls,.
Florio reported the belief in league circles is that the Colts will take the best offer on the table before the deadline, and a trade is expected to happen. That is not a guarantee. When a team is 2-7, when it has already traded two starters, when the star player expects to be moved, and when several teams are interested, the deal usually gets done. But usually is not always, and the Colts have already shown they are willing to say no to a real offer.
The betting market gives the Giants a small edge, with Kalshi listing them at 28 percent to land Taylor and staying in Indianapolis second at 25 percent. The Packers, Vikings, Seahawks, and Broncos are all still in the picture,. By Tuesday afternoon, we will know the answer. Until then, the only honest thing to say is that the Giants made an offer, the Colts said no, the offer is gone for now, and a trade is still expected before the deadline.
FAQs
Is Jonathan Taylor traded yet?
No. No trade has been completed yet. The Giants offered a second-round pick and a fifth-round pick, the Colts did not accept it, and the Giants pulled the offer. Taylor is still a member of the Indianapolis Colts. A trade is expected but not done.
What did the Giants offer for Jonathan Taylor?
According to Fox Sports insider Jay Glazer, the Giants offered a second-round pick and a fifth-round pick. The Colts did not accept the offer, and the Giants have since pulled it.
Which teams are interested in Jonathan Taylor?
The teams linked to Taylor in reports are the Giants, Vikings, Seahawks, Broncos, and Packers. The Packers are reported to be prepared to make a strong offer.
When is the NFL trade deadline?
The trade deadline is 4:00 p.m. ET on Tuesday, November 10, and a trade is expected before then.
Sources
Final Thoughts
The Jonathan Taylor trade story is moving fast, and it will move faster in the next two days. The Giants made a fair offer, the Colts said no, and the offer is gone. That sounds like the end of the story, but it is probably just the middle of it. Harbaugh confirmed the talks are real, the Colts are selling, Taylor expects to move, and several teams are interested.
For Taylor, the wait must be hard. He has run for 656 yards and 8 touchdowns on a 2-7 team, and he has done it while knowing his future is somewhere else. He was emotional at what may have been his last press conference in Indianapolis, and that emotion tells you how much the place meant to him. Wherever he lands next, he will bring a running back who can change a game.
