The rumors are circulating that the Giants will seek to deal Nicks before the trading deadline at the end of the month.
From SNYGiants insider Ralph Vacchiano of the Daily News:
The speculation makes sense, though, because Nicks will be a free agent in March and most NFL sources believe he'll be looking for more than the five-year, $43 million contract the Giants just gave Victor Cruz. It seems unlikely the Giants will be willing to do that, and they might not even be willing to use the "franchise tag" on him, since that could cost as much as $11 million.Giving Nicks a deal similar to - or greater than - Cruz would strap the Giants cap-wise going forward. What many don't understand is the Giants need a ton of new faces to fill holes and they will not come cheap. Not only are they going to have to hit it big in the draft, they are going to have to get superior value in free agency.
So maybe it might make sense for the Giants to at least explore the trade market - although for a rental of a receiver who may need several weeks to learn a new offense, several NFL sources believe the most Nicks would bring in return is a mid-round pick (third or fourth) in the NFL draft.
Nicks, unless he avoids free agency and give the Giants a hometown discount, will draw a bevy of interest in the open market and the Giants cannot afford to pay two WRs a combined $17-18 million a year.
Art Stapleton of The Record posed the below via Twitter...the Giants can stay put unless someone comes knocking with an offer...