Found July 08, 2013 on
The salsa dance over a long-term contract between Victor Cruz and the New York Giants is over.
After signing his one-year tender worth $2.879 million, USA Today reports that the Giants and Cruz agreed on a five-year contract worth $43 million– a total of $45.879 million over six years, with $15.6 million guaranteed.
The contract doesn’t make Cruz one of the highest paid receivers in the NFL, but it does make him one of the top slot receivers in the NFL, behind Percy Harvin and his six -year $67 million contract with the Seattle Seahawks and it makes him the highest paid receiver in Giants history.
This agreement should appease both G-Men faithful as well as Cruz’ skeptics. Because Cruz is guaranteed $15.6 million starting next season, it means Cruz is guaranteed $2.6 million each year, which is less than the tender he signed last month. Also, it puts him among receivers such as Harvin, Andre Johnson, DeSean Jackson, Miles Austin, and Malcolm Floyd who range from $2.6 million to $3 million, which puts Cruz in good company with other elite receivers. The deal allows Cruz to still play at a high level to acquire more money and quiet his critics while also keeping him in New York for awhile.
Nevertheless, the Giants still need to sign draft picks Justin Pugh and Ryan Nassib. Currently, the Giants have $3.3 million available in cap space including Cruz’ tender, but that number can change given the full structure of Cruz’ deal. Also, the Giants still have to take next year into consideration when Hakeem Nicks enters free agency.
For Nicks, this season will determine that fate. Cruz earned his money by remaining healthy and produced beyond expectations. Yet, you can give partial credit to Nicks for helping with that because his presence alone allowed Cruz to become a target for Manning during their Super Bowl season and last season. Nicks has proven to be a bit injury prone so that could hurt his stock, but if he stays healthy, produces at a high rate consistent with Cruz and Randle, then the Giants will be forced to re-sign him.
The receiving core of Cruz, Nicks, and Randle is looking to be very dangerous and if Nicks stays healthy and Randle breaks out, don’t expect Jerry Reese to let Nicks go next year. It is clear the Giants look to these three as their future alongside Manning and with a new running tandem in David Wilson and Andre Brown, expectations are high for this receiving core to produce.
Speaking of Reese, kudos to him for giving Cruz a fair contract. Many believed Cruz and Reese were both playing hardball, but as Cruz’ cryptic tweet alluded to on July 1st, “good things come to those who wait.” Reese waited and created a deal both fair to Cruz and the Giants organization. Cruz is now the highest-paid wide receiver in New York Giants history, but at a very reasonable price and a good amount of time.
What’s the next move for Cruz? A nice salsa dance to celebrate a new contract wouldn’t hurt.
Photo Credit: livejournal.com
New York Giants: Victor Cruz is no Jeremy Lin
New York Giants: Time to step up, Rueben Randle
BEST OF MAXIM
Wide receiver Victor Cruz and the New York Giants reportedly agreed to a five year, $43 million contract extension Monday. The deal, which is to be officially signed on Tuesday, will pay Cruz $15.6 million in guaranteed money.
Along with the $2.9 million Cruz was already guaranteed in 2013, a reported $9.5 million signing bonus brings the deal’s total value over $45 million.
The New York Giants were confident that they’d sign wide
receiver Victor Cruz to a contract extension prior to the start of the season.
While the process was dragged out through the offseason, a deal was finally
reached between Cruz and the Giants, as the team announced yesterday that the
wide out received a five-year, $43 million extension.
The extension will be added to Cruz’s...
The New York Giants and wide receiver Victor Cruz have agreed to terms on a six-year deal.
Cruz’s new deal with the Giants is worth $45.879 million and gives the team control of him though 2018.
Initially Cruz, 26, was said to be seeking close to $10 million annually after notching his second consecutive 1000 yard season.
The Giants were unwilling to meet Cruz’s initial demands...
As you can see from this photo taken by Paul Schrager of FOXSports.com, New York Giants wide reciever Victor Cruz quickly made his way to the Giants facility to sign his new contract extension.
It looks like Cruz feels like he’s on top of the world now that he’ll be making about $8 million a year to go along with $15 million in guaranteed money.
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Per a ProFootballTalk source with knowledge of the negotiations, the New York Giants and wideout Victor Cruz are “very close” to finalizing along-term deal for the Pro Bowl receiver.
The source says the deal could come very soon. Even as early as Monday afternoon.
Cruz, 26, has been an instant spark plug for the Giants offense since coming into the league. In just two professional...
Victor Cruz and the New York Giants agreed to a contract extension on Monday — finally.
After months of back and forth between the two sides, Cruz and the Giants hit an accord on a five-year, $43 million extension that will keep the Pro Bowl receiver in New York through 2018, according to Jay Glazer of Fox Sports. Add that extension onto the one-year, $2.8 million tender that...
Jay Glazer first reported that the New York Giants and wide receiver Victor Cruz agreed on a five-year deal worth up to $43 million.
The new extension will go on top of his current one-year tender, with the grand total being worth $45.879 million and keeping him on the roster through the 2018 season.
Now Curz’s deal is a bit different than most, the deal fully-guarantees him $15...
Wide receiver Victor Cruz will continue to hit his end zone salsa and throw up “The Roc diamond” for five more seasons with the New York Giants. Jay Glazer of Fox Sports is reporting that Cruz and the Giants have agreed to a five-year $43 million deal.
Giants and Victor Cruz have agreed to terms on new 5-yr extension for $43 million on top of his 1 yr tender. Expected to sign...
According to Jay Glazer of FOX Sports, the New York Giants and wide receiver Victor Cruz have agreed to a five-year, $43 million contract extension.
Giants and Victor Cruz have agreed to terms on new 5-yr extension for $43 million on top of his 1 yr tender. Expected to sign it by tomorrow
— Jay Glazer (@JayGlazer) July 8, 2013
So all in all, that's six years, $45.879 million...
Now that the New York Giants have locked up Victor Cruz with a long-term contract, they’ll likely turn their attention to Hakeem Nicks.
According to the New York Daily News, Nicks sounds “lukewarm” when it comes to signing an extension before the end of this season.
The Giants would also like to re-sign Nicks at some point, but preliminary talks with his agent went nowhere...
Season 3, Episode 117 of The Terrible Podcast is up and co-host David Todd and I start of by talking about the new contract signed Monday by New York Giants wide receiver Victor Cruz as it relates to the one that Pittsburgh Steelers wide receiver Antonio Brown signed last year in training camp. That discussion leads to us talking more about young receivers such as Cruz that are probably...