Giants | Victor Cruz could still hold out
Fri, 14 Jun 2013 10:15:22 -0700
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.
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.
Source: ProFootballTalk.com - Mike Florio