After midnight tonight, Cruz' options narrow greatly. His rights will revert to the Giants. He can accept the tender price ($2.879 million) offered to him by the Giants and report to the facility, or continue to stay away while his representatives attempt to secure a long term deal. He can also sign his tender, report and continue to negotiate with the Giants.
QB Eli Manning was asked if he was going to try and pry Cruz at some point to come in and participate.
"No. I’m not going to pry him," said Eli yesterday. "He’s got to do what’s the best interest of him and that’s usually staying away and putting pressure to try to get the deal done."
Cruz was at Manning's passing academy in North Carolina last week. Eli was asked if Cruz gave him any indication that he wants to be a Giant this year:
"I hope he wants to be here, but obviously they got the contract to work out and they got things to figure out. I can’t concern myself with that. When that gets worked out he’ll come back and come back to work."
It has been reported that the Giants have a multiyear deal on the table that isn't palatable to Cruz and his representation team, which now consists of Tom Condon of CAA and rap mogul Jay-Z's Roc Nation Sports.
[/sny-box]The offer isn't going to get it done. Coming off two straight 80-catch/1,000-yard seasons and a Pro Bowl, Cruz is reportedly seeking a deal worth $10-11 million annually. He's far more likely to play out this season on the $2.879M tender than accept the Giants' current proposal. Cruz and his camp know that as a 27-year-old unrestricted free agent in 2014, he'd be a hot commodity. Even Greg Jennings squeezed five years and $47.5M out of the Vikings last month.
GM Jerry Reese was coy in fielding questions about the situation.
"I would characterize it as we have talked but I have nothing to report," Reese stated early in his presser yesterday. "He is a free agent. He doesn’t have a contract so he isn’t here. That is really pretty cut and dry."