Saquon Barkley has finally agreed to terms on a new contract with the New York Giants, averting disaster ahead of training camp.Barkley and the Giants agreed to a one-year deal worth up to $11 million. The star running back will also take home a signing bonus amounting to $2 million.Ian Rapoport@RapSheetSurprise! The #Giants and star RB Saquon Barkley agreed to terms on a new 1-year deal worth up to $11M, sources say, as Barkley gives himself a chance to beat the franchise tag. He gets a $2M signing bonus.Bottom line: Barkley is coming in & will be at training camp. pic.twitter.com/A5PR7RWLfQ2722703Surprise! 🚨 🚨 🚨 The #Giants and star RB Saquon Barkley agreed to terms on a new 1-year deal worth up to $11M, sources say, as Barkley gives himself a chance to beat the franchise tag. He gets a $2M signing bonus.Bottom line: Barkley is coming in & will be at training camp. pic.twitter.com/A5PR7RWLfQThe solution has been described as a short-term solution that makes sense for both parties. Barkley gets to outplay his franchise tag, which amounted to $10.1 million for the 2023 season, tied for the sixth-highest annual average value among running backs.The Giants, meanwhile, avert disaster for the season.With Barkley refusing to agree to a long-term deal by the franchise tag deadline, the two sides negotiating a one-year contract was the kinda-sorta ideal solutionNFL Network's Ian Rapoport said on the deal:"It's very rare. But that's what happened here. Smart on all sides."Saquon Barkley at the 12th Annual NFL Honors - ArrivalsHow the Saquon Barkley contract negotiations went downIt was earlier reported that Barkley's camp was eyeing a deal in the range of Christian McCaffrey's $16 million average annual value. The 49ers star's deal is currently the richest running back contract in the NFL.The second-highest-paid RB for the year is Saints' Alvin Kamara at $15 million. Kamara may or may not suit up early in the season owing to off-field controversies. Derrick Henry comes in at number three with an AAV of $12.5 million.Barkley's $11 million deal does not crack the top five, but it appears to be a marriage of convenience for both parties involved.All focus will now be on Las Vegas Raiders star Josh Jacobs, who was reportedly spotted boarding a flight leaving Sin City over the weekend.An NFL personnel executive who spoke exclusively to Sportskeeda said on Josh Jacobs' situation:"If he holds out (all indications are that he will), it looks like the Raiders are going to have to go out and sign a veteran free agent to a one-year contract that’s loaded with easily attainable incentives."It remains to be seen if the Raiders can resolve Jacobs' situation ahead of Week 1. Perhaps Tom Brady, who's set to finalize a minority ownership stake in the franchise, can be of some help in these discussions.