It's a hardball stance by the Giants, and it makes you think Cruz headed to the team facility knowing full well that negotiations were going to take a darker turn if he didn't sign the dotted line.
The Giants were prepared to go down a road that the Pittsburgh Steelers didn't take last year with Mike Wallace. The Steelers opted not to slash the tender in what was seen as a gesture of goodwill. The two sides never worked out a long-term contract and Wallace signed his tender late in training camp before skipping town the following offseason.
The Giants would like to keep Cruz in-house for this year and beyond. Still, it's fair to wonder how much bad blood is building between the two sides.