The New York Giants did the Tennessee Titans a huge favor on Tuesday when they signed quarterback Daniel Jones to a 4-year, $160 million contract extension with incentives that could bring the contract's total value to $195 million.

$82 million of Jones' deal is fully guaranteed at signing, with another $12 guaranteeing next March. At the very least, New York will probably be paying Jones $94 million over the next three seasons, and the longer he remains a Giant, the more that number climbs.

Jones getting such a high AAV (average annual value) in his contract sets the market price for the the upcoming quarterback class even higher. While Geno Smith and Derek Carr each got over $100 million in their respective contracts, New York giving Jones a good amount of guaranteed money is certain to shift the market for the free agent quarterbacks to follow.

Aaron Rodgers, while not a free agent, will be paid over $50 million in both 2025 and 2026. That money becomes guaranteed over the next 13 months, and whatever team makes a move on Rodgers will more than likely be stuck in that contract.

Meanwhile Lamar Jackson is certain to get a bigger deal than Jones got from New York when he signs his offer sheet (which the Ravens could always match). He's a former MVP that is 45-16 as an NFL starter and entering the prime of his career.

Jones may raise Jimmy Garoppolo's free agent value as well. Garoppolo's current market value, according to Sportac.com, is set at $34.9 million in average annual salary.

All this is to say that if you are a team in need of a quarterback, specifically a veteran quarterback, Ryan Tannehill's contract is beginning to look a lot more attractive. Should a team trade for Tannehill, the Titans would still be on the hook for the signing bonus and restructure bonus. The acquiring team would just pay Tannehill's base salary, which stands at $27 million for 2023.

For QB needy teams, Tannehill brings an affordable cap hit without the long-term commitment that both Jackson and Garoppolo will seek. With just one year left on the contract, Tannehill could also get restructured or extended fairly easily to help with any immediate cap constraints.

Translation: Ryan Tannehill just became a much more valuable trade piece.

At least eight teams around the league are still searching for their signal caller next season. Houston, Indianapolis, Washington, Carolina, Tampa Bay, Atlanta, Las Vegas, and the New York Jets all come to mind.

One of these teams will land Rodgers, one will land Garoppolo, and a few others (Houston, Indianapolis, etc.) will draft their 2023 starter. But what about the teams that get left out?

Sure, they could sign Andy Dalton, Carson Wentz, Teddy Bridgewater, or any number of placeholder QBs to get them to the 2024 offseason. That may not be the best option for a team that has a roster ready to be competitive, though.

Carolina, Washington, and New York (should they miss out on Rodgers) could all come calling, and the Titans may just get an offer they can't pass up.

Image via Andrew Nelles / Tennessean.com-USA TODAY NETWORK