Report: Giants, Victor Cruz agree to a 5-year, $43 million contract

victor cruz 4 According to Jay Glazer of FOX Sports, the New York Giants and wide receiver Victor Cruz have agreed to a five-year, $43 million contract extension.

Cruz’s contract averages out to $8.6 million per year.  His guaranteed money is believed to be a little over $15 million.

So at the end of the day Cruz will play under this restricted free agent tender this season and earn over $2 million.  His new contract will kick in during the 2014 season.