League sources told ESPN and NFL Media that Ryan is signing a one-year deal worth $7.5 million with the Giants. The team acknowledged reports of Ryan's pact but said the agreement is contingent upon the veteran defensive back clearing COVID-19 protocols and passing a physical.
It is a homecoming for the 29-year-old Ryan, who grew up in New Jersey and played college football for Rutgers. Ryan later tweeted his excitement about returning to his home state.
Ryan is expected to slide into a hybrid role similar to what the Giants had planned for rookie safety Xavier McKinney, who suffered a fractured left foot last week. McKinney will likely be out until late November due to the injury.
In 16 games last season for the Titans, Ryan recorded 113 total tackles, 4 1/2 sacks, four forced fumbles, four interceptions and 18 passes defensed. Tennessee declined to bring him back at the end of the season.
Since entering the league with the Patriots in 2013, Ryan has notched 494 total tackles, 11 sacks, eight forced fumbles, 17 picks, one defensive touchdown and 78 pass breakups.