Monday, July 8, 2013

Victor Cruz and the Giants are reportedly very close to a deal (again); possibly agreed upon today

Check this tweet out by Mike Garafolo:


Source: https://twitter.com/MikeGarafolo/status/354259768413659136


Pro Football Talk has the terms as averaging out to $8.5 million annually as per this tweet:

Source: http://profootballtalk.nbcsports.com/2013/07/08/giants-cruz-very-close-to-a-long-term-deal/


Let's wait and see what happens with this. Where there's smoke, there's fire. The advantage of this getting doen before the Pugh deal is that the Giants don't have to restructure/extend any contracts. Presumably, they should have enough cap room to male this deal with Cruz--if it's announced to day, thereby not necessitating any cap moves beforehand.

A cap move should made shortly thereafter though, in order to sign Pugh, since his estimated contract terms will bring the Giants' 2013 cap number down by about a million dollars. It all depends on the terms of the Cruz deal. Off the top of my head, I'd expect a 2013 cap number of something close to the $4 to $6 million range.

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