The wait and standoff is now over. The New York Giants and two-time Pro Bowl defensive end Osi Umenyiora have agreed on a restructured contract that will keep the Chief in blue for at least one more season.
“I appreciate Osi’s patience and effort through this process,” general manager Jerry Reese said. “We talked it out, and it makes sense for everybody involved. We are very pleased, excited and looking forward to seeing number 72 on the field at Monday’s OTA.”
Umenyiora is expected to return to the team on Monday for voluntary Organized Team Activities (OTAs), and says he is "All In."
“This gives me peace of mind, definitely,” Umenyiora said. “We just resolved a situation. It really was affecting me in a bad way. Because I didn’t like all the negativity that was surrounding the whole situation. I couldn’t stand it, because if you know me, you know I’m not that type of person. I’m just happy all that is over with and I’ll be there. I’ll play out this contract, I’ll play this year and I’ll play my heart out.”
Financial details of this new contract have not yet been revealed, but whatever the agreement is, it seems to have pleased Umenyiora. In all likelihood, the team simply added more guaranteed money to Osi's final year without any sort of extension. It will be enough to get him on the field this season, but may still be his final year with New York.
“I’m just happy, I’m happy all that’s over with,” Umenyiora said. “It’s time to get back to work. It was definitely frustrating [not being on the field this spring], but hearing some of the things they said, whether it was Kiwi or Tuck or JPP or Antrel – hearing the way they supported me, it made me want to come back even more and be around them. Those guys really stepped up for me. I really appreciate it and I’m happy to be here with them.”
Umenyiora fired his agent, Tony Agnone, on Thursday, saying he had come to the conclusion that he didn't believe Agnone could help him with the current situation. Apparently he was correct, as the two sides came to a new agreement in less than 24 hours after the agent was terminated.
Giants 101 will update the situation with contract details as they become available.
UPDATE: Albert Breer of NFL Network reports the restructured deal is worth between $7 – $7.5 million and contains a voidable year to soften the cap hit. However, various New York beat writers are reporting no additional years have been added to the deal.
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