EAST RUTHERFORD, N.J. -- The New York Giants and defensive lineman Leonard Williams are working on a long-term deal as the franchise deadline approaches, sources told ESPN. The deadline is 4 p.m. ET on Tuesday.

Both parties would like to get something done, but the franchise tag is the likely option as a placeholder if they don't get there in time. The tag (for the second consecutive year) is a mechanism to make sure that Williams remains a Giant after a career-best season where he finished with 11.5 sacks and 30 quarterbacks hits, good for third in the NFL. His 41 quarterback pressures were seventh among interior defensive linemen, according to NFL Next Gen Stats.