Cruz, 29, has not played a snap since rupturing his patellar tendon in October of 2014, and a calf issue kept him out for the entirety of last season. Cruz has previously said that he is willing to restructure his deal, which has 3 years remaining on it and would pay him $7.9 million this season, including $9.9 million against the cap. ESPN has reported that Cruz and his agent, Tom Condon, have already begun negotiations with the Giants. It is unclear how big of a pay cut that the Giants are seeking from Cruz.
If the Giants and Cruz cannot reach a deal, it would leave the Giants extremely thin at wide receiver outside of Odell Beckham Jr. It does not seem likely that the Giants want to retain Rueben Randle, who has been one of the more frustrating wideouts in the NFL since he entered the league in 2012. Behind Randle and Cruz, the Giants would be left with an uninspiring group of @Myles White, Geremy Davis, and Ben Edwards.
The Giants cannot trust Cruz to be healthy and effective moving forward, but their lack of depth at wide receiver makes him an important piece to retain. Fans may be unhappy with this request from the Giants, however it seems to be reasonable when considering Cruz’s current contract situation combined with his injury history.