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New York Giants Give Terrell Thomas Less than $700K Guaranteed in Latest Contract

February 12th, 2013 at 12:35 PM
By Simon Garron-Caine

We knew Terrell Thomas had restructured his contract to give him yet another try with the New York Giants, but the numbers are in and it looks like Thomas' knee problems have taken their toll on his value: the latest contract comes in at a base salary of $630,000 with a $35,000 signing bonus.

'Terrell Thomas warms up' photo (c) 2010, Marianne O'Leary - license: http://creativecommons.org/licenses/by/2.0/

The numbers, courtesy of Jenny Vrentas, only go to show how far Thomas has fallen since being one of the league's best up-and-coming cornerbacks just two years ago:

Terrell Thomas' new one-year deal has a 35K SB, 630K base with a split for 358K, 35K workout bonus, 500K in playing-time incentives

For those of you not completely literate in Twitter contract language, it means Thomas can earn an extra half-million, give or take, over the $665,000 he's guaranteed (if he makes the roster) by being healthy enough to work out in the spring and staying on the field during the season. The split protects the team, both in real and cap dollars, if Thomas ends up on injured reserve again.

Thomas, for his part, isn't bitter that the ACL problems cost him a shot at mega-money and have reduced him to playing for, by NFL standards, peanuts.

Ralph Vacchiano of the NY Daily News writes in this morning's paper that Thomas has been running for a few weeks, hasn't experienced swelling in over a month, and is excited to come back and play football…in whatever shape or form it ends up taking.

“(The Giants) said, ‘We envision you coming back to play corner. If you can play corner, that’s great. But if not, maybe there’s a nickel safety role,’?” Thomas said. “?‘Either way, we just want you on the field.’"

“At this point, I don’t care if they move me to kicker,” he said. “I just want to play football.”

Terrell Thomas is one of the nicest guys you can find in an NFL locker room (and one of the better cornerbacks on an NFL field, when healthy), and our hats off to him as he tries to kick-start a stalled career.

Also…

Tags: Football, New York, New York Giants, NFL, Ralph Vacchiano, Terrell Thomas

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17 Responses to “New York Giants Give Terrell Thomas Less than $700K Guaranteed in Latest Contract”

  1.  fanfor55years says:

    Best of luck to this guy. If he could come back strong it would be a great story for him and for the team.

    Three years ago Kenny Phillips and Terrell Thomas looked for all the world like they would be the anchors of a great defensive secondary for a decade. The NFL is a cruel universe.

    •  Chad Eldred says:

      Amen. T2 was (hopefully will be again) a complete corner. A great weapon to have against the run game. He could easily shed WR blocks and lay a lick on a back. CB blitz? No problem. Big receiver? T2 could play physical with anyone. I long to see that player again.

      •  JimStoll says:

        yup
        injuries are killers
        the only thing you can bank on is that the team that is on paper in May is generally not the team on the field come the fall
        it is those rare seasons where the paper team becomes the field team that great records are recorded

  2.  rlhjr says:

    giantsfan, TuckThis, Jfunk and JimStoll

    It’s hard to agree with everybody, but somehow I do.
    And jfunk, I really want Fewell to vanish just like our pass rush has.
    But your bend without breaking point is valid.
    It’s also how the Ravens took out the 40 Whiners.

  3.  fanfor55years says:

    As a little mind game, think about what happens if by some miracle TT comes back and is as much a medical marvel as has been Andre Brown (a guy not one of us thought would ever come back, and we were right to be totally skeptical). Say he can give us 90% of what he had as a corner or could play safety at a high level. Think about how much your view of the defense might change in an instant.

    First, our secondary goes instantly from worrisome to a potentially terrific unit even assuming KP is gone. We have Prince, Thomas, a “challenged” Webster who will have to fight for a job, and Hosley as our top four safeties, to almost certainly be joined by a draftee who will have talent. Or we have three of them, plus a rookie, and a reasonably-priced free agent or one of the kids from among the “reserved” players or another draftee as the five on the depth chart and then have Rolle, Hill, Thomas, Brown and Sash (and another rookie or two) competing for four spots on the safety depth chart.

    If you think we will get improved play in 2013 from Prince, Hosley, Hill, Webster, and Brown (as I do) then that looks like a defensive strength. In today’s NFL you MUST have a solid secondary or you are going to be burned. Ours wasn’t good enough last season but DID get the job done in the red zone. If they can step it up two notches they could be a key to success.

    Now, add to this that they are NOT bringing KP back if they think TT can contribute and that Hill can take that next step. That frees up money. Reese could retain some people he wants with that cash, or he can go get some free agents who can help elsewhere on the team. Perhaps between the use of that money and the draft we shore up the defensive line.

    Get a quality defensive line and a quality defensive backfield and I’ll take my chances with a few promising linebackers but not-above-average group of them as a whole. Better linebackers would have to be developed starting with at least one good draft pick, to be followed by another the next April.

    Now, I’m not saying Thomas can or will come back strong. I’m just saying that if ONE thing good happens it can change a lot of other things. We seem to be in a mood here that assumes almost nothing will go right for the Giants between now and September. Let’s see. We already got a purportedly “easy” schedule. We’ve added a player in Thomas whom no one is yet convinced is worth anything, and got him VERY cheap. We added the “run-stopper” we wanted last season who has taken no tread off the tires since he was here last summer. Lots more to come.

  4.  Chad Eldred says:

    If he plays a full season, I will run the marathon I’ve been putting off.

  5.  Nosh.0 says:

    I really thought TT was heading to a Pro Bowl year in 2010 before his injury. Doubtful he ever gets back to that level of play but what he does bring that we really haven’t had is he’s a DB thats so good at blitzing the QB. Other than Rolle no one on the team really does that, or Fewell just doesn’t let them.

    •  BlueSince60 says:

      I think it’s the latter. I seem to recall that Hosley looked pretty good blitzing in the preseason.

  6.  BigBlueGiant says:

    Obviously I hope for good things with TT, But i’m extremely skeptical.

    Won’t be surprised if he doesn’t make it through camp.

  7.  UANYG says:

    I hope he’s able to bounce back. It’s a shame to see someone’s career derailed by a random act of god. It makes it worse when they appear to be good people.

    If he does, my money is on him coming back as a safety that can play in run-situations. Similar to what we had envisioned for Chad Jones, which brings me to a point I wanted to make.

    Each team needs to strike a balance between having the right number of 3-down players and specialists. The way the league is going right now, it appears as though the balances has tilted a little towards having a higher level of specialization, due to recently re-introduced schemes, like the zone-read option, and the love fest over the uberathlete as a QB. It’s all part of the ebb and flow of the game, but if some teams aren’t careful, over-specialization can effectively kill your depth.

    Thomas is the kind of cheap option, that per FF55′s remarks, could potentially surprise us if he performs well. I think no matter what, there’s value to such a cheap signing simply for the fact that he can play Corner, and Safety. One of the things I like about Reese’s philosophy is his affinity for athletes with a diverse skill set, unless you’re Osi, of course!

  8.  GOAT56 says:

    Brewer, Austin and Robinson will determine a lot of our moves the next few months. If these players are ready to start or be heavy contributors then it changes how we approach free agency and the draft. If these players are ready to make a Prince like jump this year then that really changes the outlook and players need at their respective positions.

  9.  GOAT56 says:

    I figure this affects us since they could be looking at a few of our free agents.

    Mark Dominik expects the Bucs to be big players in free agency

    Last year the Buccaneers made a big splash in free agency by signing the top wide receiver available, Vincent Jackson, and the top guard available, Carl Nicks. Late in the season the Bucs re-worked both players’ contracts, and as a result, Buccaneers General Manager Mark Dominik believes Tampa Bay will be a major player in free agency again this year.

    “That has actually opened a lot of cap room for us going into 2013 – a tremendous amount,” Dominik told the Tampa Tribune. “We’ve got a chance to be [heavily] involved in free agency again.”

    The Bucs will have about $30 million in cap space when free agency begins on March 12.

    http://profootballtalk.nbcsports.com/2013/02/12/mark-dominik-expects-the-bucs-to-be-big-players-in-free-agency/

  10.  LAFgoesON says:

    I know we can’t really entertain potential free agency signings with our current checkbook, but when i see Sean Smith, he reminds me of an even more physical T2. Buried down in MIA, I think he suffered from being apart of a terrible club, but with the Giants, I think he’s an All-Pro.

    •  fanfor55years says:

      I really liked Smith coming out of college. He’d be a great addition. Don’t see how we could afford that unless we gave up on Beatty.

      Good post. Keep ‘em coming.

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