EAST RUTHERFORD, N.J. -- Receiver Victor Cruz said he is happy with the structure that is in place for what will be an extension of his contract with the New York Giants.

"Nothing [new], as of right now," the 25-year-old receiver said at practice Wednesday. "It's just negotiations are being talked about. The only thing in place right now is the structure. That's all I can say at this point."

Although Cruz would not divulge any other details about the extension, he said he is happy with it.

Cruz wants a deal in place by the end of the season.

"That's positive. It's better than nothing," he said of the negotiations, adding: "There's no timetable on it. It's just being patient."

Cruz is making $540,000 in the final season of his current contract. He will become a restricted free agent if there is no extension in place.

The undrafted player out of UMass first mentioned Tuesday during his weekly interview with WFAN that a structure is in place for a new deal.