The NFL's regular season is over, which for most teams, means it's time to start figuring out plans for the offseason.

NFL free agency is a huge part of the process, and along with the NFL Draft, it has everyone preparing for what should be a very active couple of months.

We've officially come up with our own contract projections for the NFL's top free agents that include context behind each player's 2023 season, the likelihood of a franchise tag, the projection itself, and the first-year cap hit for a team that's “all-in” and is needing to reduce that first-year hit in order to maximize their cap dollars.

So, without further ado, let's check out the projection for New York Giants safety Xavier McKinney.

Xavier McKinney 2024 Contract Projection

McKinney has been a very good player since the moment he entered the league. Mostly deployed as a deep safety, where he does his best work, he can still be effective from most spots on the field including the box.

McKinney provides stability at the back end of a defense with great coverage skills and solid tackling. His career 7.3 percent missed tackle rate is excellent and he pairs it with a sub 70 percent catch rate allowed and a yards per coverage snap of 0.50.

With two seasons of 3+ interceptions in the last three years, McKinney combines quality snap-to-snap play with playmaking ability. His deal should get his contract into the top-15 at the position.

• Franchise Tag Likelihood: Medium
• 3 years, $34.95 million, $11.65 million APY, $22.5 million GTD
• Year One Cap Hit: $6.5 million

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Be sure to check back in and around the site for more projections, as we will add more in the coming days and weeks.