In need of a few pass catchers, the Giants have struck a deal to land a former Pro Bowler. The Raiders are sending Waller to New York, according to Tom Pelissero of NFL.com.

The Giants are sending the No. 100 overall pick to the Raiders for the veteran tight end, Ian Rapoport of NFL.com tweets. This is the pick the Giants obtained in the Kadarius Toney trade with the Chiefs.

This comes less than a year after Waller agreed to an extension with the Raiders. That $17MM-per-year contract will now be the Giants’ responsibility. The Packers made an offer for Waller at last year’s deadline, but the Raiders stood pat. Hours after their Jakobi Meyers acquisition, however, the AFC West team is shipping out one of its veteran playmakers. For a bit, the Raiders had five skill-position players tied to eight-figure-per-year contracts or a franchise tag (Waller, Meyers, Davante Adams, Hunter Renfrow, Josh Jacobs). That number will drop back to four.