- Rapoport clarifies that the two sides have an agreement in principle and it could take a few days before a deal is official.
- Art Stapleton reports that Cruz receives a one-year contract worth $2 million that includes another $2 million available in incentives.
Cruz recently visited with the Bears and was scheduled to meet with the Jaguars, but it appears as though Chicago proved to be his best option in the end.
The Bears receiving corps could use a veteran like Cruz, but there’s some question as to whether he can return to his prior level.
Cruz, 30, originally signed on with the Giants as an undrafted free agent out of UMass back in 2010. He agreed to restructure his contract last year, which reduced his compensation to $1.3 million for the 2016 season. Cruz was set to make a base salary of $7.4 million in 2017.
Cruz was set to make a base salary of $7.4 million in 2017 when the Giants cut him loose in a move that freed up $7.5 million in available cap space.
In 2016, Cruz appeared in 15 games for the Giants and caught 39 passes for 586 yards receiving and one touchdown. Pro Football Focus has him rated as the No. 101 receiver out of 119 qualifying players.
We had him featured in our Top 50 Available Free Agents list.