Good Morning, Broncos fans! While the Broncos and Ryan Clady work toward what we hope will be a long-term deal to the benefit of both sides, another drawn-out negotiation has come to a close over in New Jersey.
The Giants have finally reached agreement with wide receiver Victor Cruz on a contract that's being billed as a six-year deal worth nearly $46M and includes a $9.5M signing bonus and $15.6M in guarantees.
Of course, there's the advertised value of the contract, and then there's the functional reality of it.
What the contract truly boils down to is a guaranteed $15.6M over 2013 and 2014, with the Giants holding one-year options for the 2015 through 2018 seasons.
That this is a team-friendly deal should be no surprise, given that Cruz twice gave away his leverage this offseason - first, when he instructed his representatives to not seek out offer sheets from other teams in restricted free agency, and again when he signed his one-year tender.
We'll continue to hear that the deal is worth $43M or $46M in most media circles, but if Cruz's play falls off or he's injured within the next two years, there's a good chance he sees no more than a third of that value.
Bear all of this in mind as the Clady negotiation continues on, and as details are put out by the team.
There's still no word on how much guaranteed money is included in Denver's reportedly increased offer to Ryan Clady. Remember, he's already guaranteed $9.828M this season on the franchise tender, so the crux of their offer will be whatever is guaranteed beyond that amount.
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Ernest Wallace pleaded not guilty on Monday to a charge of accessory after the fact to murder in the death of Odin Lloyd, and was ordered held without bail. No new information from the state's case was revealed during the brief hearing, and the prosecution remains mum regarding who they believe fired the shots that killed Lloyd.
A judge has granted a request by news organizations to unseal the search warrants issued in the Lloyd case.
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