EAST RUTHERFORD, N.J. (CBSNewYork) — The Giants have reportedly told wide receiver Victor Cruz that if he hopes to remain with the team, he must accept a pay cut.
Cruz has previously said he’s willing to rework his contract, which has three years remaining on it and would pay him $7.9 million this season with a cap hit of $9.9 million. The Giants and Cruz’s agent, Tom Condon, are negotiating, ESPN reported.
It wasn’t clear how big of a pay cut the Giants are seeking.
Cruz, 29, hasn’t played in a game since tearing his patellar tendon in October 2014.