Giants Sign Walter Thurmond

1:06pm: The team has officially announced the transaction.

8:48am: The deal is worth $3.5MM, tweets CBSSports’ Jason La Canfora.

8:41am:The Giants have agreed to a one-year deal with former Seahawks cornerback Walter Thurmond, according to ESPN NFL Insider Adam Schefter (via Twitter). It was a very busy Saturday night and early Sunday morning for the Giants, as they added both Thurmond and Quintin Demps to their defensive backfield over the course of a few short hours.

Thurmond was a valuable part of Seattle’s tremendous secondary last season, and he visited with the 49ers, Jaguars, and Redskins before agreeing to terms with the Giants. He missed four games in 2013 due to a violation of the league’s substance abuse policy, but he did record 24 tackles to go along with one interception and one sack, and he could fill the slot corner role vacated by Terrell Thomas.

Even after acquiring Thurmond and Demps, New York may not be done adding to its secondary. The team still has a visit scheduled with Dominique Rodgers-Cromartie later today (Twitter link), and’s Ian Rapoport tweets that the Giants “want him badly” but that any potential deal would of course depend on the length and terms of the contract.

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