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NFL Rumors: Indianapolis Colts Preparing an Offer for New York Giants’ Victor Cruz?

March 17th, 2013 at 8:00 AM
By Dan Benton

With the Minnesota Vikings and St. Louis Rams all but out of the picture, Restricted Free Agent (RFA) wide receiver Victor Cruz appeared like a sure bet to return to the New York Giants. And he may still be, but then again, maybe not.

Late Saturday night, Indianapolis Colts owner Jim Irsay sent out some rather cryptic tweets that set the twitter world abuzz. And although that's nothing new for Irsay, the content of his tweets suggest something big is brewing and based on what little data is available, it appears like Cruz may (and we stress may) be the subject of his tweets.

"We're working on a deal; one we've been working on for five days. We're very, very close to making it work," Irsay tweeted. "Colt fans, hint – it's a wide receiver!"

As Pro Football Talk suggests, Irsay could be referring to some unrestricted free agent wide receivers like Darrius Heyward-Bey or Randy Moss, but his level of excitement, and the fact that he claims they've been working on the deal for five days, suggests it's more likely to be a RFA – and there are only two of those worth pursuing: Emmanuel Sanders and Victor Cruz.

The sign-and-trade idea has been one floating around the Internet for a few days, but gained some substance on Saturday night via Chuck Chapman of Colts 101 who informed Giants 101 that the rumor is making its way around Indy.

Despite all the signs pointing in that direction, there is one clear and blatant hang-up: if the Colts have truly been working on the deal for five days, it's unlikely to be Cruz, who has been agent-less. Because of his swap to Tom Condon, Cruz has been unable to negotiate with any teams until the new agent hire becomes official … and that doesn't occur until Monday.

Another distinct possibility is that the Colts and Arizona Cardinals are working out a trade for Larry Fitzgerald, but that's merely speculation on our part.

Giants 101 and Colts 101 will continue to monitor these rumors.

Update: Ralph Vacchiano of the New York Daily News killed the rumor of a possible sign-and-trade, although it doesn't eliminate the Colts from trying to sign Cruz on Monday.

Update 2: NFL Network's Ian Rapoport tweets: "For those asking about Jim Irsay's tweets and whether it means Victor Cruz to the Colts… Sounds doubtful. Would be shocked."

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Tags: Football, Indianapolis, Indianapolis Colts, New York, New York Giants, NFL, Victor Cruz

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26 Responses to “NFL Rumors: Indianapolis Colts Preparing an Offer for New York Giants’ Victor Cruz?”

  1.  James Stoll says:

    Gonna be a long dail of nail-biting

    • Dan BentonDan Benton says:

      I’d lean more towards it being a trade for Larry Fitzgerald.

      •  Dirt says:

        That makes all the sense in the world, but what would the “sign-and-” part be all about? Colts saying “ok we’ll give you a real QB again, but you gotta take a paycut”?

        And if Fitz was looking to get out, surely he’d have competition which would keep his value high and maybe mean he wouldn’t need a pay cut?

        I don’t know, I’m tired. I need coffee.

        I do agree that a sign and trade with Cruz doesn’t make sense. For starters, the Giants would need cap room now for the “sign” part.

        •  Dirt says:

          Nevermind. My brain latched on to sign and trade, but there’s nothing saying it couldn’t just be a trade. About that coffee…

      •  James Stoll says:

        Let’s hope for that
        Be a great move for Indy
        A godsend for Fitzgerals,
        And assuming they don’t get their pockets picked, a way to re-load and re-start in Arizona
        What good is LF to a team w/o a QB?

  2.  Krow says:

    A trade makes more sense than an RFA signing. There’s no way Cruz goes willingly to Indy.

  3.  jfunk says:

    Irsay would tweet excitedly about signing Ramses Barden so I wouldn’t make too much of his words.

    That being said, I’ve thought the Colts make sense for Cruz for a while now. They have cash and draft picks to spare, plus a young franchise QB that would certainly love to have the best slot receiver in the NFL lining up for him.

    Why wouldn’t Cruz want to go play with Andrew Luck in the house that Peyton built? I think such a move could certainly keep his name at the top of the buzz meter.

  4.  jfunk says:

    Don’t get caught up in the semantics of “sign & trade”. I think that’s just short hand for saying they wouldn’t sign him to an RFA deal, but agree to a new deal in advance and work out a trade with the Giants. Crux would still need to sign his RFA tender before he could be traded, so technically it would be “sign & trade” anyway, even though he’d immediately rip up that contract and sign a new one.

  5.  JBeast says:

    Being that this is a sign and trade and let’s assume its Cruz he is talking about, is it possible to get more than a first round pick back? Say a first and second next year?

  6.  jfunk says:

    They could trade him for whatever they want. However, why would the Colts do such a thing? They can have him for just a 1st by signing him to an offer sheet the Giants can’t or won’t match, which shouldn’t be hard to do.

    •  JBeast says:

      Good point. I hope we don’t lose Cruz cause the WR depth chart would look weak with only Nicks that’s a proven player

    •  Chad Eldred says:

      Exactly. This doesn’t make any senes. Wishful thinking on the part of Colts’ fans.

    •  JBeast says:

      Why hasn’t there been any talk about OL and the giants? I really hope they aren’t planning on start DD at OT or OG. He would be one heck of a back up or extra TE on short yard package. I stated this last night, the giants need to fortify the trenches in order to win give Eli time to throw and he will pick apart any defense and if our DL can get pressure on QBs they can stop any offense. A lot of good talent has been signing on one year cheap deals get me vollmer Winston or Moore I want OL DE in the first two rounds of the draft. We have skill players and can win with a average to poor LB corp if our DL and OL are good.

      A player that we should look into is CB Grimes coming off an Achilles injury but if we could sign him to a two year contract that’s cheap with the intention of him not playing this season but will be ready for next season. Grimes was a top cover corner when healthy and A Brown showed us its possible to come back from an Achilles injury.

  7.  BadBadLeroyBrown says:

    This is what Dan Pompei of National Football Post is reporting about Tuck & JPP!

    *****It is expected that free agent Osi Umenyiora will not return to the Giants, so the team is planning to compensate by using its remaining pass rushers differently. Instead of playing a rotation in which three men split the snaps pretty evenly as the Giants did last year, I’m told Jason Pierre Paul and Justin Tuck will get the majority of the snaps. And Giants coaches don’t want the ends flipping sides as much. The early talk out of the Timex Performance Center is Pierre Paul may become a full-time left end, with Tuck concentrating on the right side.****
    http://www.nationalfootballpost.com/NFP-Sunday-Blitz-4049.html

  8.  Levito says:

    Sign and trade doesn’t make sense. If the Giants sign Cruz and trade him, they take an immediate accelerated cap hit based on the guaranteed money in the contract. And Cruz wouldn’t be able to rework his contract in Indy for at least one year, since that’s one of the rules when signing new contracts as well.

    If the Colts sign Cruz, they’re going to have to sign him to a deal the Giants can’t afford to, or don’t have the cap space to match. And if that happens, we’ll have to hear from numerous Giants fans saying the team should restructure every contract under the sun to make room for Cruz’s deal so they can match the contract and keep him.

  9.  turkish says:

    Just found this:

    National Football Post via Rotoworld.

    *It is expected that free agent Osi Umenyiora will not return to the Giants, so the team is planning to compensate by using its remaining pass rushers differently. Instead of playing a rotation in which three men split the snaps pretty evenly as the Giants did last year, I’m told Jason Pierre Paul and Justin Tuck will get the majority of the snaps. And Giants coaches don’t want the ends flipping sides as much. The early talk out of the Timex Performance Center is Pierre Paul may become a full-time left end, with Tuck concentrating on the right side.

    •  turkish says:

      It would also be nice to see them running forward instead of back peddling like a CB at the combine.

  10.  G-MenFan says:

    I hear the Salsa is big in Indiana.

    Ya gotta see those corn-fed white people get down with it.

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