The New York Giants have given wide receiver Victor Cruz an ultimatum when it comes to trying to restructure his contract. They’ve told him that they will in fact release him if he doesn’t take a pay cut.
#Giants have informed WR Victor Cruz they will release him unless he agrees to pay cut. Negotiations under way, per source
— Ed Werder (@Edwerderespn) March 7, 2016
Dan Graziano of ESPN.com also have more details on Cruz and the Giants.
The New York Giants had discussions last week with the representatives for wide receiver Victor Cruz about restructuring Cruz’s contract, a source close to the situation said.