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Annual RFA offer sheet window closes

Giants receiver Victor Cruz looks for an interference call from the officials after missing a catch in the Dallas Cowboys' endzone during their NFL football game in East Rutherford Reuters

The restricted free agent signing period began with a whimper.  And it ended with a whimper.

Apart from the Patriots’ effort to finagle receiver Emmanuel Sanders from the Steelers via a one-year, $2.5 million offer that Pittsburgh matched, no other offer sheets were signed before the April 19 deadline.

And so the rights of players like receiver Victor Cruz, who reportedly would be drawing interest from multiple teams, will now revert to the Giants.  He can sign his one-year tender offer of $2.8 million, or he can continue to stay away from all team activities.

As previously explained, the Giants can withdraw the tender on June 17 and replace it with a 10-percent raise over his 2012 salary of $540,000, which equates to $594,000.  The Steelers opted not to do that last year to receiver Mike Wallace; it’s unknown whether the Giants would squeeze Cruz by taking more than $2 million off the table.

In theory, Cruz could choose to stay away until Week 10 of the regular season, sign the tender then, and become an unrestricted free agent in 2014 — unless the team applies the franchise tag.  While that rarely happens, players have only one effective piece of leverage in these situations:  withholding services.

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14 Responses to “Annual RFA offer sheet window closes”
  1. forty9asty says: Apr 20, 2013 10:46 AM

    They need to tweak the RFA system or get rid of it entirely. In its current state it seems worthless. Maybe they should institute where if a team signs a player to an offer sheet that the current team matches, then if said player does become a free agent the next year, the team that signed him to an offer sheet should get a chance to match any other teams’ offer when the player is a true free agent. That would make things a lot more interesting.

  2. bobby927 says: Apr 20, 2013 10:54 AM

    Cruz is good, but he’s asking much too much.

  3. osiris33 says: Apr 20, 2013 11:06 AM

    Hard to believe some crappy team like the 49ers didn’t think Cruz was worth a 1st round pick. Maybe they have $$$ problems.

  4. chawk12thman says: Apr 20, 2013 11:13 AM

    RFA is good fodder but nothing else….

  5. firstand4ever says: Apr 20, 2013 11:38 AM

    Only The Pats and Jets utilized the rfa market properly. Seeds have been planted for Emmanuel Sanders and Chris Ivory thanks to smart recruitment by those two teams.

  6. mrpresident2 says: Apr 20, 2013 11:54 AM

    Even if restricted free agents don’t change teams very often, there’s no point in getting rid of the whole system. It’s not like it’s hurting anyone

  7. cantgetenoughwp says: Apr 20, 2013 12:50 PM

    osiris33,
    I’m sure teams like the 49ers were interested in Cruz, but not for a 1st round pick and $10M.

  8. nananatman says: Apr 20, 2013 12:52 PM

    He should, I’m a Giants fan first always, players come and go but they deserve to get paid and he earned it.

  9. lennydpocketqb says: Apr 20, 2013 1:23 PM

    Nobody made a move for Cruz? I don’t care if you are the biggest Giants player on earth let us all realize that a player like Cruz who hasn’t hit his prime yet is perfect for just about every team was passed on… Collusion in the NFL is very real.

  10. thestrategyexpert says: Apr 20, 2013 2:54 PM

    I think it’s a great system that makes things more interesting, although it definitely could use a major overhaul as does the entire CBA imo.

    But given the situation, everything is working out perfectly. The Giants don’t deserve to have him show up until they offer him a reasonable contract. If they can’t do that then they choose it’s better to not have him there. There’s nothing complicated about this and neither side has any room to complain. At least one side is willing to complete a deal, but that deal should not happen until the other side comes to that asking price. If that price isn’t the right price for the other side then the correct result of nothing happening is what should happen.

  11. spedman24 says: Apr 20, 2013 4:31 PM

    Cruz will not step on the field until he gets paid, nor should he step on the field. The giants are playing this terribly. The organization won’t realize how poorly they played this till week 4 and Cruz is still “hurt” or continues to hold out

  12. marthisdil says: Apr 20, 2013 4:59 PM

    Screw that….let him play for his contract. If he stays out of football for the year, he doesn’t earn his year towards free agency, and people will start to equate him to primadonna-esque receivers Owens and Moss…

  13. silvernblak says: Apr 20, 2013 10:18 PM

    He will sign his tenure, get paid to play unhappily and then hit the open market next year happily after the Giants miss the post season.

  14. tinkletinkleonyourstar says: Apr 21, 2013 2:00 PM

    I’m for paying players what they’re worth AND good business.
    Cruz had too many crucial drops last year to get paid what he’s asking.
    Do I want him to be a giant? Yes.
    Should we overpay to make that happen?
    Most definitely not.

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