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How much of a Giants discount will Victor Cruz accept?

The Giants expect Victor Cruz to be on the roster this season and hope he can return to somewhere near the form he showed when the Paterson, N.J., native emerged as one of the NFL’s most exciting receivers. Cruz, though, will not be welcomed back at his current salary, a situation both sides anticipated, and a financial day of reckoning is nearly here.

Cruz, 29, did not play at all in 2015 because of a left calf injury that frustrated and baffled both the player and the team and led to eventual surgery. The year before, Cruz played in only six games before rupturing his right patella tendon, a devastating injury that forced him to get carted out of Lincoln Financial Field in Philadelphia.