Sources told NFL Network that Collins will sign the $84 million pact at the start of the new league year Wednesday. The deal includes $45 million in guaranteed money.
Collins, 25, made the Pro Bowl for the third consecutive season in 2018 after piling up 96 tackles, four passes defensed and a forced fumble in 12 starts for the Giants. He had a career-high 125 tackles, 13 passes defensed, five interceptions, four sacks, a touchdown and a fumble recovery in 16 starts during his All-Pro campaign in 2016.
The move comes after the Giants declined to put an $11.15 million franchise tag on Collins and did not offer the safety a long-term contract.