The Facts:
A source with knowledge of the situation tells PFT that the Giants and Cruz continue to talk, but that the process is “moving slowly.” Talks are expected to resume this week.
Reported by Profootballtalk.com
Fantasy Football Diehards Line:
As PFT's Mike Florio reminded readers, Cruz, who has not yet signed a one-year, $2.879 million restricted free agency tender, has been staying away from the team’s offseason workouts as he pursues a long-term deal. He reportedly wants more than $10 million per year; the Giants at last word were in the $7 million annual range. The next pressure point comes on June 17, when the Giants can rescind his tender offer and replace it with a 10-percent raise over his 2012 salary of $540,000, which equates to $594,000. Doing so would likely inflame the situation, however, ultimately making it more difficult to keep both Cruz and Hakeem Nicks. ... Stay tuned.
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