Dominique Rodgers-Cromartie signs with Giants after turning down Broncos' better offer

ESPN's Adam Schefter has reported that former Denver Bronco cornerback Dominique Rodgers-Cromartie has reached an agreement on a five-year deal with the New York Giants.

CB Dominique Rodgers-Cromartie reached agreement with the New York Giants on a five-year deal, per source.

— Adam Schefter (@AdamSchefter) March 17, 2014

It's a good signing for the Giants, who have filled their major holes at the cornerback position the last two days. Yesterday they signed former Seattle Seahawks slot corner Walter Thurmond, and today they signed Rodgers-Cromartie. DRC will likely play opposite of former first round selection Prince Amukamara in New York.

It will be interesting to see if DRC gets a better deal then the one that the Denver Broncos offered him that he turned down.

DRC signs a 5-year deal with the #Giants, @AdamSchefter reports. Wonder if he took a worse avg than the 6-yr, $54 mil #Broncos offered.

— MileHighReport (@MileHighReport) March 17, 2014

The deal the Broncos offered Rodgers-Cromartie was a six-year, $54 million dollar deal. However, The Denver Posts Mike Klis broke down the deal the Broncos offered DRC, and it shows the Broncos didn't really offer the same deal that they offered Aqib Talib.

Klis says that the Broncos essentially offered Rodgers Cromartie a three-year, $24 million dollar deal, and that the other $30 million was nothing more then just "fluff".

We’ll see what happens to Rodgers-Cromartie, but my guess is most teams have already spent the bulk of their budget. When it’s over, Rodgers-Cromartie may continue to receive criticism for not taking the Broncos’ offer.

And that’s fair. But it’s also fair to say he didn’t really turn down six years and $54 million. He rejected one year for $10 million, or two years for $16 million or three years for $24 million.

We'll soon find out if DRC made the correct decision, at least as far as money is concerned.

Update:

Giants are giving CB Dominique Rodgers-Cromartie a 5-year, $39M deal, including $15M gtd, per source.

— Adam Schefter (@AdamSchefter) March 17, 2014

Dizzam. It appears that but DRC got substantially less from Giants than the deal that Denver Broncos offered. Even in guaranteed money, the Broncos offered $1 million more. DRC turned it down, and the Broncos signed Aqib Talib instead.

The moral of the story? Don't overplay your hand against John Elway.