The Giants made another key move before the free-agency period opens this afternoon by re-signing one of their own UFAs: CB Terrell Thomas, their leading tackler in 2009 and 2010 who missed all of last season with a torn ACL.
The terms of the deal are four years, $28 million, with an option year. $11 million of the contract is guaranteed.
Thomas, 27, who was the team's second round selection in the 2008 NFL Draft, spoke of his decision to return to the Giants on the team's website today:
“I definitely wanted to come back here – this is home for me. Coming off an (ACL) injury, it’s better to come back to the same team – you know the personnel and the staff and they know you. You know the defense. My first choice was here, but I did open my eyes a little bit to free agency in case the Giants didn’t re-sign me. So I’m happy to be back."
The Giants needed to bring either Thomas or Aaron Ross (who is also a free agent) back into the fold. Thomas is the better player and the Giants' defense suffered greatly the first half of the 2011 season trying to adjust to life without him.
He will be teamed with Corey Webster and Prince Amukamara to make a formidable threesome at cornerback for the Giants.
Thomas is still rehabbing the knee, but the recovery has gone well according to the NY Daily News:
“I pretty much can do everything,” Thomas said. “I started cutting last week in the backpedal. I’m cutting laterally. I’m running forward, not a full sprint but a nice speed jog. I can jump, I can squat, I can lunge. I can do everything pretty much. It’s just all doing it the right way. It’s about getting the muscle memory to remember how to do it so it becomes natural again.
“But I’m definitely not rushing to get back out there to prove that I’m back. I’m going to let my knee heal the second time. My biggest thing is I want to get to the season without any limitations, any swelling or any setbacks.”
To free up some more salary cap room, SNY Mike Garafolo of the Star-Ledger reported that C David Baas has agreed to restructure his contract:
C David Baas is the latest player to move some money to create cap room. He converted $2.1 million of his $3 million base salary for this season into a signing bonus. (Just like QB Eli Manning did.) That creates $1.575 million in cap room this year.