UPDATE (2:05 p.m.): According to Mike Garafolo of the Newark Star Ledger, Thomas' new deal is four years and worth $28 million, with $11 million of it guaranteed money.
On the very first day of free agency in the NFL, the Giants made a move they needed to make on their roster.
According to Adam Schefter of ESPN, the Giants re-signed cornerback Terrell Thomas on Tuesday.
One less CB on the market: New York Giants reached agreement with cornerback Terrell Thomas.— Adam Schefter (@AdamSchefter) March 13, 2012
Details of the deal were not immediately announced.
Thomas missed the entire 2011 season after he tore his ACL in a preseason game with the Chicago Bears back in August.
Regarded as the best cover corner on the Giants, Thomas has been working hard to rehab and get back into playing shape.
Through the media, you always got the impression that Thomas never wanted to leave the Giants and wanted to re-sign with the team that drafted him back in 2008.
With Thomas' signing, all signs point to Aaron Ross departing as a free agent and not being brought back. The Giants already have Corey Webster and Prince Amukamara at the corners, and bringing Thomas back solidifies the group.
On his Twitter account, Thomas said, "It's a GREAT day to be a NEW YORK GIANT!" Justin Tuck replied to agree.
“@TerrellThomas24: It's a GREAT day to be a NEW YORK GIANT!”yay yay yay yay welcome back— Justin Tuck (@JustinTuckNYG91) March 13, 2012
Everyone is excited to see Thomas back, because they know how talented he is.
The first day of free agency for the Giants has gotten off to a good start.