Hot off the Wire news, rumors and tips

Giants | Victor Cruz could still hold out

New York Giants WR Victor Cruz could still hold out of training camp, according to a source with knowledge of these types of situations, despite the fact that Cruz will sign his one-year tender on Friday, June 14. Cruz will be under contract and thus subject to fines of $30,000 per day if he doesn't show. He could have lost $2.289 million if the Giants had retracted the tender offer on Monday, June 17, and replaced it with an offer of $590,000. At that rate for fines, Cruz could afford 76 days of them before he'd reach the $2.289 million for which he's signing his tender. The source said there were no indications that the team was going to rescind the offer, but Cruz didn't want to take the chance.

Fantasy Tip: The article also cited Mike Wallace's situation last season, when the Pittsburgh Steelers didn't elect to rescind the receiver's high tender with a greatly reduced amount. That suggests Cruz really had little to worry about. Negotiations seem to have been somewhat amicable, and the Giants seem to be happy with him, so a holdout seems unlikely barring a drastic change in the nature of the development of this story.

2013-06-14 10:15:22 | Source: ProFootballTalk.com - Mike Florio

Access more Victor Cruz news and rumors by clicking here....

What do you think? Sound off!


For additional NFL information, please view KFFL's NFL Hot off the Wire.


Fantasy Sports News

NFL Hot off the Wire News | MLB Hot off the Wire News | NASCAR Hot off the Wire News