On a day when the Giants were throwing money at free agents, they managed to pull a little of it back from one of their own veterans. Victor Cruz agreed to a significant pay cut that will keep him on the Giants — and hopefully on the field for them for the first time since October 2014 — for the upcoming season.
“Once a Giant, always a Giant,” Cruz posted on Instagram Wednesday night. “See you in September.”
A source confirmed that the message was meant to indicate the agreement was in place. While Cruz was scheduled to earn $7.9 million for 2016, his base salary was reportedly chopped to $1.3 million. He’ll be able to make up a lot of the lost funds, however, with playing time incentives up to $5.5 million.
Cruz missed most of the 2014 season with a torn patellar tendon and then all of 2015 with a calf injury he sustained in training camp that eventually required surgery. He posted a video earlier this week in which he said he is now running as part of his rehabilitation.
Cruz knew after missing so much time that the Giants would not want to pay him the full amount in 2016 and was bracing for the pay cut. Had he not accepted the cut, the Giants could have released him. Cruz spoke at the Super Bowl and said he was not worrying about such matters. “I just want to play,” he said.
He’ll get that chance, and get it with the Giants.