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Report: Cruz deal would be worth $7 million per year

The SportsXchange

New York Giants wide receiver Victor Cruz has an offer worth more than $7 million annually on the table, but the 26-year-old restricted free agent apparently is looking for a better deal.

The New York Daily News reported the contract includes a "sizable amount" of guaranteed money.

Cruz recently hired agent tom Condon, and the Daily News believes that is a signal that the sides should "get a contract done rather than Cruz playing for the $2.879 million tender."

The Giants used a first-round tender on Cruz after he turned down a very "substantial offer."

The first-round tender would require another team to surrender a first-round pick if it signs Cruz.

Cruz has averaged 84 catches for 1,314 yards and 9.5 touchdowns during the past two year.

Last week quarterback Eli Manning suggested that he would restructure his contract to help get Cruz signed.

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