Report: Giants, Victor Cruz closing in on long-term deal

Victor Cruz and the Giants are reportedly closing in on a long-term deal. (USATSI)
Victor Cruz may be close to signing with the Giants. (USATSI)

Neither Victor Cruz nor the Giants can be happy about the wideout's current contract situation: Cruz wants to make more than the $2.879 million tender he signed a few weeks ago, and the Giants want Cruz to hang around long term. But it appears there may be good news coming on the have-your-cake-and-eat-it-too front.

Chris Mortensen of ESPN reports the two sides "will have a long-term deal done before the start of training camp."

Additionally, Mortensen reports the "parameters are in place" for the deal, with the two sides simply needing to iron out language in the contract among other smaller details.

Contract or no, Cruz isn't going to hold out the entire offseason: not reporting before Aug. 6 would tag him with another season of restricted free agency.

And a new deal makes sense for both sides anyway. Cruz, who recently signed on with Jay-Z's Roc Nation in a highly scrutinized deal, wants to get paid and remain in New York for marketing purposes. He's a great fit with what the Giants do on the field.

The Giants need Cruz in the fold -- he's caught 168 balls for 2,628 yards and 19 touchdowns in 32 games the last two years while developing into one of the most dangerous slot receivers in the game.

Everyone in and around the Giants has acknowledged that Cruz deal is "a concern" and that getting him into camp is critical -- fellow wideout Hakeem Nicks showed up for minicamp recently despite some concern about his deal.

Owner John Mara claimed earlier in the year that Cruz rejected "a very substantial offer" from the Giants and reports surfaced that the offer to Cruz was for more than $7 million a year.

If New York can hammer out a deal with Cruz in advance of the season, it not only eases the distraction around the team, but it also gives them some advance planning for working out a deal with Nicks. And, most importantly, maximizing the team's actual ability to perform on the field.

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CBS Sports Senior Writer

Will Brinson joined CBS Sports in 2010 and enters his seventh season covering the NFL for CBS. He previously wrote for FanHouse along with myriad other Internet sites. A North Carolina native who lives... Full Bio

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