Victor Cruz Contract: Tom Coughlin Says Negotiations 'Has To Be A Concern' For Giants

By Kahlil Thomas, Posted: 04/30/13 02:43PM EDT

The Victor Cruz saga is still continuing as the third year receiver as yet to sign his one-year tender with the New York Giants.

Cruz, the only remaining restricted free agent on the Giants roster, is still holding out for more money and Giants coach Tom Coughlin believes that it is becoming worrisome.

"It has to be a concern because when the restricted free agency period is over, you hope that things would move fast," Coughlin said on WFAN Monday afternoon. "What we want is exactly what I said the other day. We want a win-win. We want Victor to be proud to be a New York Giant, proud of his contract."

Last season, Cruz had 1,092 receiving yards and 10 touchdowns. This was after his first full season with the Giants where he set the team record in receiving yards with 1,536 and helped the Giants to the Super Bowl XLVI crown in 2011.

Cruz has three options according to the New York Post. He could sign his $2.879 million one-year tender with the team and negotiate a long-term deal during the year. Cruz can also sign a multi-year deal for a reported $7 million per year the Giants offered him back in March. The third and final option for the Pro Bowl receiver is to wait for the Giants to make a better offer, which he appears to be doing.  

"The New York Giants want him back as badly as we've ever wanted anybody," Coughlin said, "And so we like the thing to be settled and over with and we wish it would be that way so that he could be in here working with the quarterback in the offseason. And the sooner it gets settled, the better off we will be."

After working out with Payton and Eli Manning in North Carolina earlier this month, Cruz skipped voluntary workouts the team had earlier this month. According to Adam Schefter of ESPN, the Giants are prioritizing receiver Hakeem Nicks' new contract more than Cruz's new contract. Nicks has one year remaining on his deal and the Giants want to resign him before he becomes a free agent. According to NFL sources, the Giants view Nicks as a No. 1 receiver, so the majority of the focus in the organization goes to Nicks and not to Cruz.

According to CBS Sports' Will Brinson, the one advantage the Giants have is that Cruz is being represented by Jay-Z's new Roc Nation sports agency. The hip-hop mogul signed Cruz just a few weeks ago and Jay-Z's ties to the New York area and the marketability of Cruz in New York could sway the receiver to stay with the Giants and negotiate favorable terms for both parties.

Giants' co-owner John Mara wants the prolific player back with the four-time champions but knows that they cannot afford to break the bank on him either.

"We certainly want him back, but like with any player, there's a limit to where we're going to go. He's been a terrific player for us, he's a fan favorite, he does a lot for our franchise, but there is a limit."

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