The New York Giants made an interesting move on Monday. After cutting stalwarts like Ahmad Bradshaw, Chris Canty and Michael Boley from the team, they decided to re-structure and re-sign cornerback/safety Terrell Thomas to a one year contract. Thomas is coming off of his third (!) torn ACL, and hasn’t played a regular season snap for the Giants since 2011. There was a $6 million option coming to him, and the restructuring allows the Giants to keep Thomas and save even more cap room.
The Giants need Thomas to be a corner rather than a safety. Even with the loss of Kenny Phillips, if he leaves as a free agent, they’ll have Stevie Brown (I expect the team to not let him leave as a restricted free agent) and Antrel Rolle back there, with Will Hill and Tyler Sash.
The Giants don’t have a lot at corner. Unless Corey Webster takes a pay cut, I bet he gets released. That leaves Prince Amukamara and Jayron Hosley as the other corners. Having the old Thomas back would be great. The guy was a tackling machine, which is why he could be a rather effective safety; however, he’s going to be pretty rusty. He also has to make it through an entire training camp and pre-season, something he hasn’t done in a couple years.
Nonetheless, the price of free agent corners and safeties are high. Sean Smith came out and said he wants $10-12 million. Darrelle Revis may hold out again for a gigantic contract. There is no such thing as a bad one-year contract. If Thomas proves he’s back, he’ll get a nice check from the Giants. If not, they’ll just let him go next off-season, nothing ventured, nothing gained.