Report: Giants WR Victor Cruz to sign restricted free-agent tender
Giants WR Victor Cruz will reportedly sign his restricted free-agent tender, a one-year deal worth $2.879 million.
Two days after wide receiver Hakeem Nicks showed up for the Giants' mandatory minicamp, it appears Victor Cruz will do the same and sign his one-year, restricted free-agent tender worth $2.879 million.
ESPN's Josina Anderson first reported the news.
Cruz, who had 86 receptions for 1,092 yards and 10 touchdowns last season, is looking for a long-term deal, but talks with the Giants have been "incredibly slow," according to reports.
And while Cruz still wants a new contract, the rules regarding restricted free agency likely hastened his return to work. Had he not shown up for Friday's minicamp, the Giants could have reduced his $2.879 million salary to $600,000.
Former agent Joel Corry, in an exhaustive piece for CBSSports.com, writes: "The Giants believe Cruz's salary should be dictated by his primary role as a slot receiver. Cruz is seeking a contract in excess of $10 million per year while the Giants are reportedly offering Cruz a long-term deal in the $7 million to $8 million per year range with at least $15 million guaranteed."
Once Cruz signs his tender, the two sides will have nine months to hammer out a new deal before the wide receiver becomes an unrestricted free agent (or, less likely, the recipient of the franchise tag). For now, quarterback Eli Manning can celebrate the return of his two playmakers by chugging a delicious cup of Dunkin' Donuts.
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