Victor Cruz, Giants agree to five-year extension
The New York Giants and wide receiver Victor Cruz were expected to reach a deal on a long-term contract before the start of training camp; and they have.
According to Jay Glazer, Cruz and the Giants agreed to a five-year extension earlier today worth $43 million, which is in addition to the one-year deal for 2013 under his tender as a restricted free agent.
In other words, Cruz will be under contract through the 2018 season.
Cruz broke out in a big way from relative obscurity in 2011 by setting the team's single-season franchise record for receiving yards (1,536) and followed that up with another 1,000-yard season in 2012.
Over the past two seasons, he has a total of 178 receptions for 2,628 yards and 19 touchdowns over the past two seasons. Only four players have more receiving yards during that span than Cruz. (See chart to the right.)
The Giants open up training camp on July 26th and one of the big questions will be how they handle the contract situation of teammate Hakeem Nicks, who is entering the final year of his rookie deal. Nicks stayed away from OTAs likely due to his current contract situation (or lack of a deal beyond this year).
Cruz is currently my 13th-ranked fantasy wide receiver heading into 2013.