Shockey in New York to stay

Very quietly, the Giants inked tight end Jeremy Shockey to a five-year extension worth $31.2 million, in the process making him the league's highest-paid TE.

The Giants' number one pick in 2002, Shockey went to the Pro Bowl as a rookie when he caught 74 passes for 894 yards. He was voted back to the Pro Bowl in his second season, although injuries kept him from going.

"It's good news, good news," coach Tom Coughlin said. "It's good news to know and all Giants fans will be happy to know that Shockey will be a Giant for a long time. It's good stuff."

Last year, Shockey led the team with 66 catches, but was often kept in the backfield to block. Through the first four games this year, Shockey appears to be the threat of old with 17 catches for 251 yards and two touchdowns.

"I'm excited about it," Eli Manning said. "Obviously, he's a big part of this offense so I'm looking forward to the next of couple years."

The deal ties Shockey to the Giants through 2011, and replaces the final two years of his rookie deal.

Shockey received $3 million to sign and a 2006 $7.5 million roster bonus, which is fully guaranteed for injury. He also receives a $250,000 reporting bonus in 2006, pushing the total guaranteed bonus money to $10.75 million.

As a result of the bonus money, Shockey's salaries for the next two years drop significantly. His 2005 base drops from $1.72 million to $900,000, and his base salary in 2006 is reduced from $2.07 million to $950,000.

Free at last

With Shockey inked, it's never too early to look at who can become free agents for Big Blue at the end of this season - CB Will Allen, DT Kendrick Clancy, LB Nick Greisen, WR Tim Carter, QB Tim Hasselbeck, PR Chad Morton and OT Bob Whitfield.

Final word on Will P

The final word on Will Peterson before we went to press came from Giants team physician Dr. Russell Warren one day after Coughlin said that Peterson would be out for no less than four weeks.

Here's Warren's statement: "Two years ago Will had a stress reaction on the left side of the pars intraarticularis. The bone eventually went on to fracture despite an extensive period of bracing and no football. Subsequently, he has developed pain on the opposite side where he has another stress reaction. The bone could heal or it could go on to fracture, as it did on the left side. After consulting with Dr. (Frank) Cammisa and Dr. (Robert) Watkins, both of who reaffirmed the original diagnosis of a stress reaction, and having a discussion with Will, we have decided that Will should remain out of contact for the next 4-6 weeks, at which point we will re-evaluate his situation. Essentially at this point, the issue is the pain that Will is experiencing as a result of the stress reaction on the right side of the pars intraarticularis. If, in another four-to-six weeks, Will does not have the pain in his back and feels he can play, then he may be able to return to activity."

Fillin' in for Will P

With Peterson out at least another month and likely for the season, the onus to pick up the slack falls on Curtis Deloatch and second-round pick Corey Webster.

Deloatch played in all 16 games last season, primarily on special teams and in the nickel and dime defenses, after joining the team as a free agent from North Carolina A&T. This season he has played in all four games, with two starts. "The game has slowed down for me," Deloatch said. "I can read things a lot better this year." Webster missed the San Diego game with a quad injury, but had three tackles against the Rams. For the season, he has 10 tackles (nine solo) and a pass break-up.

"Improvement for a young guy comes in small chunks," Coughlin said. "He has always demonstrated the things that we see - playing the ball in the air, recognition, a good feel for where the ball is, the ability to catch the ball. He has always demonstrated that and he continues to do that. The injury did set him back, but he is coming back to the point now where I think we can expect that he is going to improve steadily. He has to be a guy who helps us win."

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