The Giants and the agent for Terrell Thomas have been talking about a new deal for the would-be free agent cornerback, but those conversations are still in the “early stages” according to his agent, Doug Hendrickson.
Thomas was expected to be a Pro Bowl-level player for the Giants in 2011 but never played a down after tearing his ACL in the second preseason game. The Giants are understandably weary of giving Thomas a long-term deal coming off a second ACL surgery as Thomas is, and are more likely to bring him back on something closer to the two-year contract that linebacker Mathias Kiwanuka signed last summer after missing most of 2010 with a neck injury.
The Giants have another two weeks to negotiate with Thomas exclusively before he becomes an unrestricted free agent. Thomas has expressed a desire to remain with the Giants.
Meanwhile, representatives for running back Brandon Jacobs reportedly met with the Giants this weekend in Indianapolis to discuss parameters under which he might return to the team. He’s owed $4.9 million in 2012 and almost certainly won’t be back at that price. He’s owed a $500,000 roster bonus on March 17, but a decision will more likely come before the Giants must meet the salary cap requirements of the start of the NFL calendar on March 13.