Report: Victor Cruz lowers contract demands

Sam Spiegelman

Restricted free agent Victor Cruz has lowered his contract demands, sources tell the New York Daily News.

Cruz, who was seeking No. 1 receiver-type of money, originally sought a deal worth $10-11 million per season. According to the report, Cruz has lowered his demands to the $8 million per season mark.

The Giants reportedly were offering Cruz a deal in the $8 million per season range, which the team considered adequate money for a top-end slot receiver.

Last week, Pro Football Talk reported this week could be integral to the progress of a deal.

Though it appears the two sides could strike a deal, “nothing is imminent,” the report insists. But sources of both sides are optimistic a deal will be struck sooner than later — likely in time for Cruz to show up at the Giants’ mandatory full-team mini-camp on June 11, and possibly before next week’s organized team activities.

In March, Cruz fired agent Malik Shareef and signed on with Tom Condon of Creative Artists Agency, which according to the report has fueled the change in demands.

Cruz can also opt to sign his RFA tender off — worth $2.879 million — if a deal cannot be reached. On June 17, the Giants can reduce that offer to a mere $630,000.

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