When the New York Giants open mandatory mini-camp this morning, wide receiver Victor Cruz will not be there. The restricted free agent (RFA) remains without a long-term deal and has not yet signed his tender, and negotiations between the two sides are now moving at an "incredibly slow" pace, reports NFL Network's Ian Rapoport.
This latest report is a far cry from previous reports, which have suggested, at times, that the framework was in place for a new contract and, more recently, that the negotiations were at the "2-yard line." Neither of those reports now appear to be true, and the two sides are "not close" on a new deal.
It had also previously been reported that Cruz lowered his contract demands from $11 million annually to $8 million annually, which was much closer to the long-term deal Big Blue had reportedly offered. However, despite the alleged closing of the gap between the two sides, a new deal seems no closer now than when this mess all started nearly a year ago.
On June 17th, if Cruz has not yet signed his tender or a new long-term deal, the Giants could lower his 2013 tender amount from $2.879 million to $630,000. It will be interesting to see if they do and what consequences come from that.
In the mean time, Cruz is not eligible to participate in mini-camp and did not show up for the team physical on Monday.
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