Writers of Pro Football Prospectus 2008

08 Jul 2013

Giants Extend Victor Cruz

The Giants have reportedly agreed to terms with wide receiver Victor Cruz on a long-term contract. Jay Glazer reports the new deal adds 5 years and $43 million to his 1-year restricted free agent tender and includes $15.6 million in guaranteed money early in the deal. Cruz last year finished 41st in DVOA and 26th in DYAR among NFL wideouts after ranking 6th and 3rd, respectively, in 2011.

Posted by: Tom Gower on 08 Jul 2013

22 comments, Last at 19 Jan 2014, 9:57am by ??????? ?? ??

Comments

1
by not dbt (not verified) :: Tue, 07/09/2013 - 2:41am

WHERE IS MY THREAD ON COLIN KAEPERNICK WEARING A DOLPHINS HAT. WE MUST TALK ABOUT THIS GUYS.

2
by justanothersteve :: Tue, 07/09/2013 - 7:07am

Sad thing is, given the "(not verified)" and the ALL CAPS, I can't tell if this is serious or sarcasm. I'm hoping it's the latter.

3
by Dean :: Tue, 07/09/2013 - 9:32am

I think if you visit www.bleacherreport.com, you should find all the discussion of hats you desire. Enjoy.

5
by bubqr :: Tue, 07/09/2013 - 10:41am

Guys this is an obvious and funny troll (at least to me) - Isn't dbt a commenter here?

We do need that thread though.

To be on topic, Cruz did not have a lot of leverage and probably knew Steve Smith story very well, but that is cheaper than what I thought it would be.

4
by CBPodge :: Tue, 07/09/2013 - 10:10am

Let's hijack the thread to talk about it. I think the main issues raised are that:

a) Either he chooses to wear oversized hats, or he has a tiny head.
b) Why would you be a Dolphins fan if you were born in Wisconsin and grew up in California?
c) Why would you wear that Dolphins hat when its so dull? The 49ers hat that he's worn in his (I can't believe I'm typing these words) apology picture is much nicer.

6
by sundown (not verified) :: Tue, 07/09/2013 - 11:19am

Can't because hijacking threads is a huge no-no. An FO staffer would be forced to explain how it's always been FO policy not to post articles about players wearing hats, some other staffer would need to defend himself about how he's never shown favoritism towards any particular hat, then eventually an Extra Point would be put up about the hat and everybody would feel the need to repost all their hat comments in the new thread.... Just way too much effort.

7
by dryheat :: Tue, 07/09/2013 - 12:22pm

Ya like my hat? It's funny 'cause it's ah, bigger than ah, you know, a normal hat.

21
by Ryan D. :: Thu, 07/11/2013 - 12:13pm

Turd Ferguson. It's a funny name. Ha!

12
by dryheat :: Tue, 07/09/2013 - 2:55pm

Dupe

13
by dryheat :: Tue, 07/09/2013 - 2:57pm

Trip.

14
by dryheat :: Tue, 07/09/2013 - 2:57pm

Quad.

15
by dryheat :: Tue, 07/09/2013 - 2:58pm

Quint.

16
by dryheat :: Tue, 07/09/2013 - 3:00pm

Hex.

9
by dryheat :: Tue, 07/09/2013 - 1:23pm

Clearly I need to stop posting this afternoon.

17
by Aaron Brooks Go... :: Tue, 07/09/2013 - 6:02pm

It's like you're RaiderJoe-level drunk.

8
by Intropy :: Tue, 07/09/2013 - 12:26pm

8.6 million per year seems pretty high for Cruz. Of course how that's structured makes all the difference. 15.6 is guaranteed. If a similar amount is in the final year that would be just under 7 million per year assuming he's cut or extended after four years, which seems about right.

10
by Dean :: Tue, 07/09/2013 - 1:25pm

Yeah, but does he have a hat?

11
by Intropy :: Tue, 07/09/2013 - 2:26pm

I just hope he's manly enough not to wear one of those bigger, dumb-looking, concussion-reducing helmets.

18
by JasonK :: Tue, 07/09/2013 - 10:25pm

That's the agent-friendly spin on the deal that was leaked to Glazer. His 2013 compensation is actually nothing at all like his RFA tag contract. He's takes home a $9.5M signing bonus check and his 2013 base salary falls to the minimum, so this is really a whole new 6-year contract, totaling about $45.9M. (So, a $7.65M annual average.)

Plus, if you trust the breakdown that PFT posted, all the guaranteed money is in the first 2 years, and the dead money from releasing him at any point after that would be less than his his annual salary. So, a 2-year fully guaranteed contract for $15.6M, then 4 non-guaranteed years ranging from $6.15M to $8.4M in base salary.

19
by CBPodge :: Wed, 07/10/2013 - 5:18am

Sounds like a pretty good deal for both sides. Cruz gets more than he would have playing as an RFA then a franchise player the next two years, then gets a decent level of compensation (especially previously being a UDFA!) for the next 4 years. The Giants don't get locked into a bad deal if the money goes to his head. And if the Giants decide to move on, it gives Cruz the chance to hit the open market when he's still young enough to get another decent deal.

20
by sundown (not verified) :: Wed, 07/10/2013 - 12:12pm

Agreed. Most NFL contracts are signed with both sides knowing the end years likely will never happen. This one looks like both sides were more honest about that distinct possibility than most.

22
by ??????? ?? ?? (not verified) :: Sun, 01/19/2014 - 9:57am

I want to to thank you for this great read!! I certainly enjoyed every little bit of it. I have you saved as a favorite to look at new things you post