The allure of hitting the open market did nothing to entice Will Beatty. The 27-year old left tackle opted to stay put, and Wednesday signed a five-year, $38.75 million contract to remain with the Giants and avoid becoming an unrestricted free agent.

“If it’s a money issue, that temptation would come in,” Beatty said. “But having this be my home team, I really didn’t want to go into free agency. This is the team that wanted me from college. This is the team that gave me my first chance. This team went to the Super Bowl.I saw so many great moments with this team and there are still so many more to come.”

This seems to be a deal that works for both sides. Beatty received a signing bonus of $12.5 million and $19 million of the contract is guaranteed. His average of $7.75 million per year, though, is certainly in line with what starting left tackles are paid in the NFL and, after a slow start to his career, the Giants consider Beatty to be a player on the rise.

“We believe he is one of the ascending left tackles in the NFL,” general manager Jerry Reese said.

Beatty may not be a franchise left tackle, but he’s athletic and a solid pass protector, something that is of great interest to the Giants on Eli Manning’s blind side. The 2009 second-round draft pick from UConn also displayed impeccable timing, as he played in all 16 games in 2012, starting 15 games to prove his durability in the final year of his contract. Beatty started the first 10 games for the 2011 Super Bowl team before suffering a detached retina that curtailed his season.

One caveat with Beatty: His back. He missed most of the preseason and training camp last summer dealing with severe back spasms, an ailment that can arise again. Beatty must be diligent with his stretching and strengthening regime in order to make sure the back issue does not flare up. He also was penalty-prone last season, as he was called for 11 of them, including eight holding penalties.

Beatty has played in 50 games with 31 starts — 26 at left tackle, four at right tackle and one as an extra tight end.

“I thought I improved last year, playing the entire season,” Beatty said. “I want to get back on the field and keep ascending, keep rising. The sky’s the limit for me.I know there is still a lot more out there. I haven’t tapped into all of my potential yet. I’m looking forward to performing and growing each year.”