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Victor Cruz contract: Wide receiver cites 'progress' in talks

After previously saying that he'd like to have contract negotiations done by the middle to the end of the season, Giants wide receiver Victor Cruz told reporters on Monday that progress has been made on a new long-term deal. Cruz is the Giants' leading receiver this year.

Brad Penner-US PRESSWIRE

After stating previously that he'd like to get his new contract done by the middle to the end of this season, on Monday Giants wide receiver Victor Cruz said that progress has been made over the previous few days.

Here is what Cruz had to say, via ESPN New York's Josina Anderson:

"I was excited to hear this weekend that contract talks are moving in the right direction," Cruz told Anderson. "I heard there was some progress on the structure."

That is news to the ears of both Giants fans and Cruz, a New Jersey native who has expressed an interest in staying with the organization long term.

As things stand, Cruz is arguably one of the NFL's most underpaid players, earning just $540,000 during the 2012 campaign. This despite the fact that Cruz currently leads the Giants with 52 catches for 650 yards and seven touchdowns. Cruz also set a Giants' franchise record with 1,536 yards receiving in 2011 in helping lead the Giants to a Super Bowl victory.

He signed with the organization as an undrafted free agent out of UMass in 2010.