Cruz has come down from his previous request of $10-11 million per season. He’s now asking for a deal that would pay him around $8 million per season, according to the report. The two sides hope for the deal to be completed by the end of the week.
In March, the Giants applied a first round tender to the salsa dancing wideout. Cruz still has the option to sign the tender, which would pay him $2.879 million next season, but, if he hasn’t signed a contract by the deadline of June 17, New York can lower its offer to $630,000.
Clearly it behooves both sides to come to terms on a long-term deal that will keep Cruz in Big Blue during the prime of his career. Now would be a great time for Cruz to sign the contract as organized team activities (OTAs) get underway next week.
Cruz has become a fan favorite over the past two seasons, and the Giants would be wise to lock him up long-term. He’s also become quarterback Eli Manning’s favorite target.
In 2011, Cruz helped lead the franchise to its second Super Bowl title in five seasons with a franchise record 1,536 receiving yards. His trademark 99-yard touchdown reception against the New York Jets in Week 16 elevated the team into the playoffs.
Last season, Cruz hauled in 86 catches for 1,092 yards and 10 touchdowns to make his first Pro Bowl.
With Ahmad Bradshaw departed and Hakeem Nicks constantly sidelined due to injury, Cruz has become an essential piece to the Giants’ offense. Signing him to a long-term extension is the first step towards bringing another title to New York.