If Victor Cruz didn’t sign his restricted free agent tender by next Monday, there was a chance that the New York Giants could take his offer down to a one-year deal worth only $590,000. It isn’t likely that the Giants would do that, but Cruz isn’t ready to take any chances, so he is traveling to the Giants facility today so that he can sign his tender.
Josina Anderson of ESPN had the report:
Victor Cruz told me he’s on his way to the Giants facility this am. He intends to sign his 1st-round restricted free agent tender of $2.879M
— Josina Anderson (@JosinaAnderson) June 14, 2013
Now that Cruz has signed his tender, he is contractually bound to attending the Giants training camp at the end of July, but he could still decide to hold out in hopes of a long term deal.
If Cruz still decides to hold out, his fines that would rack up would still be less than losing the more than $2 million that he would have lost if he didn’t sign his tender and the Giants reduced his offer.
So while ESPN and the NFL Network may be feeding you stories with silver lining, remember that Cruz still has a real chance to hold out in training camp.