By glenn erby

New York Giants star wide receiver Victor Cruz blinked first in his stare down with the New York Giants, and will sign his $2.9 million restricted free agent tender from the Giants according to Pro Football Talk. 

On Monday, the Giants would have had the ability on that day, and that day only,  to rescind Cruz’s one-year, $2.879 million restricted free agency tender and replace it with a one-year offer in the amount of $590,000.

Cruz reportedly will sign his tender today, and indicated that talks on a long-term deal will continue between now and the start of training camp.

The Giants aren’t out of the woods yet, and Cruz could still end up being a training camp holdout.

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