Victor Cruz and the New York Giants have come to an agreement over a new five-year contract extension worth $43million dollars for the wide receiver.

According to Fox Sports, on top of the free agent tender Cruz signed over a week ago, he has now effectively agreed a six-year deal worth $45.879million, with $15.6million of that amount guaranteed.

This equates to an average of $8.6million per season and the report claims it ultimately falls short of what Cruz was hoping to get out of the negotiations – a double-digit sum.

However, Cruz still has a relatively good deal, as, according to the report, he will be earning $2million a season more than the previous top rate for slot receivers.

It is more than that received by Wes Welker when he left the New England Patriots and signed a two-year deal with the Denver Broncos, as well as being more than received by Welker’s replacement at Gillette Stadium, Danny Amendola.

Cruz is a favourite among many Giants fans and ha endeared himself to neutrals with his salsa dancing celebrations, but the contract negotiations had hung over him since as far back as 2011.

This new deal will be a relief to all parties involved as questions were constantly being asked and a failure to agree anything would likely have only proved to be a major distraction during training camp.

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