Victor Cruz is signing his RFA tender today

He's actually at the Giants' facility now according to various twitter reports. Signing his tender only means that Cruz protects himself from not receiving that first round Restricted Free Agent (RFA) tender salary amount of $2,879,000 should the Giants decide to use their 24 hour window on Monday, June 17th reduce it down to $630,000. Read this part of Joel Corry's recent article on Cruz below for further details:

Source: http://www.cbssports.com/nfl/blog/eye-on-football/22395262/agents-take-looking-at-whats-next-for-victor-cruz



By waiting to sign his tender now, Cruz also protected himself from being fined by the Giants at the team's completed mini-camp that ran from Tuesday, June 11th to yesterday. It's a smart business for him in that sense. What it opens him up to though is being fined in training camp, which is something he would want to avoid since he's not a big money player to begin with, and because of the Giants' track record of dealing with hold outs in that past. Just go ask Michael Strahan. Joel Corry writes about that too from his article already linked above. Here's what he said about that:

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Hopefully, from both the Giants' and Cruz's perspectives these actions are leading up to an agreement for a new deal before training camp. Once camp starts, then things have a chance to begin to get ugly, as the Giants will be able to levy fines on Cruz at that point since he will be considered under contract, which he is not now. Once he signs his tender today (which he may already have as reported earlier), then things will get interesting. If press reports are truly accurate about the deal being on the "2-yard line" are true, then this will get done. USA Today's Mike Garafolo is saying that the Giants "aren't any closer" to a long-term deal, so take that for it's worth as well.