The New York Giants began negotiating with running back Saquon Barkley during their Week 9 bye last season but were unable to come to an agreement at the time.

Negotiations continued once the offseason got underway but similar roadblocks remained. Barkley was seeking a top-of-the-market deal similar to Christian McCaffrey’s $16 million per season but the Giants’ offer reportedly topped out at $12 million per season.

The two sides held a “positive” last-second meeting on Monday evening but it did not result in a long-term agreement. Instead, with quarterback Daniel Jones finally agreeing to a new contract, general manager Joe Schoen will opt to place the franchise tag on Barkley.