Earlier Wednesday, ESPN's Dianna Russini spoke to a Giants source who said there was a "feeling" in their building that they would trade down.
The source disclosed that move was in play because the team has "a ton of needs."
If the Giants stay put at No. 2, signs have pointed toward them selecting Penn State running back Saquon Barkley.
"I think that the devaluing of the running back is really a myth," Giants general manager Dave Gettleman said. "If you have a great running back, he immediately makes your quarterback better, your offensive line better and your passing game. So I don't believe in it. It's how you evaluate the players, how we value them, how we rate them and then you go on from there."
Bleacher Report draft expert Matt Miller projected Barkley to the Giants and Notre Dame offensive guard Quenton Nelson to the Broncos in his final mock draft.