Report: Osi Umenyiora Bolts Giants, Signs with Atlanta Falcons on 2-Year Deal

Doug RushSenior Analyst IMarch 27, 2013

EAST RUTHERFORD, NJ - DECEMBER 30:  Osi Umenyiora #72 of the New York Giants waves to the crowd after a 42-7 win against the Philadelphia Eagles at MetLife Stadium on December 30, 2012 in East Rutherford, New Jersey.  (Photo by Al Bello/Getty Images)
Al Bello/Getty Images

We can now call Osi Umenyiora a former New York Giant.

After a week of negotiating, the Atlanta Falcons have agreed on a deal to sign the 31-year-old defensive end, according to Ralph Vacchiano of the New York Daily News.

Osi Umenyiora has finally agreed to a deal with the Atlanta Falcons, which he's been working on for a week. It's a two-year deal.

— Ralph Vacchiano (@RVacchianoNYDN) March 28, 2013

According to Adam Schefter of ESPN, the deal is for two years and $8.5 million, with $5 million guaranteed. The deal could end up being as much as $12 million.

Umenyiora has spent his entire 10-year career with the Giants, but after years of contract disputes with Giants GM Jerry Reese, Umenyiora was looking for one final payday in the NFL.

The former Giant had drawn interest from the Miami Dolphins and Detroit Lions, but neither of them brought in Umenyiora for a visit or a physical, unlike Atlanta.

The Falcons wanted to try and close the deal with Umenyiora by the end of last weekend, but negotiations dragged out longer than expected.

Umenyiora is the third big move the Falcons have made this offseason.

The first was re-signing tight end Tony Gonzalez, as he will put off retirement for one more year. The second was signing longtime St. Louis Rams running back Steven Jackson after cutting Michael Turner.

Umenyiora will take the spot of the departed John Abraham, who is looking for work as a free agent.

After the first couple of weeks of free agency, the defensive end market finally picked up with Elvis Dumervil signing with the Baltimore Ravens and now Umenyiora signing with Atlanta.

The Giants will likely move Mathias Kiwanuka back to defensive end for 2013 to take the spot of Umenyiora, as well as look to draft a defensive end in either the first or second round of April's NFL Draft.

Umenyiora has 75 career sacks and won two Super Bowls with the Giants in his 10 years with the team.

Now in Atlanta, he will look to win a third one in 2013.