The Giants have spent the last two years experimenting with reclamation projects at linebacker. And now they may have another one.

On Thursday night the Giants were close to a deal with the Carolina Panthers that would bring them linebacker Jon Beason in exchange for a late-round 2014 draft pick according to three NFL sources. One source said Beason had already been informed of the deal and was preparing to head to New Jersey. According to another source the deal which is believed to be for a seventh-rounder won’t become official until Beason takes a physical which would come Friday.

It would be the third time in two seasons that the Giants are gambling on an ex-first round pick at linebacker. Last season they acquired Keith Rivers from the Bengals and he has developed into a starter. Earlier this year they signed former Seahawk Aaron Curry the No. 4 pick in the 2011 draft only to cut him midway through training camp.

Beason was a 2007 first-round pick of Carolina and is a former Pro Bowl linebacker. Since 2011 he has torn his left Achilles tendon and endured microfracture surgery on his right knee a procedure that routinely robs players of their quickness.

Beason is earning around $1 million.