Isaiah Likely, Giants Reportedly Agree to Contract After John Harbaugh Hired, Updated Salary Cap

Isaiah Likely will suit up for a new squad in 2026.

Per The Athletic's Dianna Russini, the former Baltimore Ravens tight end agreed to a three-year, $40 million deal with the New York Giants.

The contract can be worth up to $47.5 million with incentives, according to Russini.

Likely will now reunite with former Ravens leader and current Giants head coach John Harbaugh in New York.

After news of the deal broke, Likely sent a message to Ravens fans:

The Giants had $13.9 million in projected 2026 cap space prior to signing Likely, whose deal has an $13.3 million average annual salary, per Over the Cap.

Likely, a fourth-round pick out of Coastal Carolina in 2022, has had a solid start to his career and had emerged as a key piece of the Ravens' offense over the last few years.

In 2024, he set career-highs with 477 receiving yards and six touchdowns. His six receiving touchdowns were the third-most on the Ravens and he had the fourth-most receiving yards.

He wasn't able to build on that strong season in 2025, however, as he finished with 307 yards and a touchdown while missing three games because of a foot fracture before the start of the year.

It was a down year for the Ravens as a whole, not just Likely. Baltimore finished the 2025 campaign 8-9 and ultimately parted ways with head coach John Harbaugh after missing the playoffs for the first time since 2020.

Likely will now get a fresh start with the Giants and he'll look to put together a strong fifth season in the NFL.