Osi Umenyiora has been looking for a new contract since after the 2007 season, despite just signing a 7 year deal 2 years prior. Umenyiora never had any luck and was forced to suck it up and play (though he got 2 Super Bowl rings out of it, so it wasn’t all bad). However, a day after firing his agent, Umenyiora did get a new contract, even if it wasn’t exactly like what he wanted.

Umenyiora’s new deal doesn’t add new years to his existing contract and he’ll still hit the open market as a free agent next offseason, but it does give him a pass raise for the final year of his deal in 2012. Rather than making 4 million this year, Umenyiora will make 7.5 million this year, including 3 million upfront. The deal is structured such that the Giants will take the cap hit over two years, rather than just one.

It’s essentially a “we’ll give you 3.5 million to stop complaining” deal. Umenyiora will happily take that. He could still easily leave next offseason in search of a starting job elsewhere, rather than his current rotational job. However, he’ll be 31 in November so he might not be greeted with as friendly of a market as he might be expecting. For this year, he’ll help the Giants maintain arguably the league’s most fearsome pass rushes in the league.

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