New York Giants wide receiver Victor Cruz wants no less than an average of $9 million per year in a new contract, according to Ralph Vacchiano of the New York Daily News. Cruz recently signed his $2.879 million restricted free agent tender, so he'll be with the team through 2013, regardless of how the contract extension negotiations turn out.
The primary reason why Cruz signed his tender was the fact that come Monday the Giants would have the option to reduce his tender down to $630,000. Cruz is still unhappy without a long term contract and the Giants are still trying to work something out.
The two sides will continue talking, and if he's not signed by the start of training camp in July, they'll probably continue talks, but we may hear even more about how unhappy Cruz is with the situation.
Cruz initially preferred a deal that would pay him $11 million per year, as some No. 1 receivers have received recently, but would settle for the $9 million. New York is reportedly offering more than $8 million per season so the two sides are not too far off at this point. It's unclear what kind of guaranteed dollar amount is being discussed and debated.
Still, it's a lot of money to pay for Cruz, who is a slot receiver. Wes Welker is making good money with the Denver Broncos, but Welker is more the exception to the slot receiver rule. Last season, Cruz had 1,092 yards and 10 touchdowns. His yardage total was down significantly from the 1,536 yards he put up in 2011.