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Reports: Giants Re-Sign Keith Rivers; David Diehl Agrees To Restructure Contract

NEW YORK (CBSNewYork) -- The Giants have agreed to terms on a one-year deal with linebacker Keith Rivers, according to multiple sources.

The first-round pick of the Bengals in 2008, Rivers was traded to New York for a fifth-round pick on April 11, 2012.

In his first season with Big Blue the 26-year-old played in 11 games, recording 44 combined tackles. In his four-year career he has totaled 230 tackles, a forced fumble and two interceptions.

Rivers could step in as a starter in 2013 after general manager Jerry Reese released Michael Boley in early February.

In other Giants news, the Bergen Record has reported that offensive lineman David Diehl has agreed to restructure his contract.

It's been a difficult few weeks for Diehl, who recently pleaded guilty to a charge of aggravated DWI and then underwent arthroscopic surgery on his knee.

Without restructuring, the 32-year-old likely would have been cut by the Giants. The 11-year veteran was set to earn a  $4.475 million base salary, but his cap hit would have been $6.825 million for the upcoming campaign.

Diehl, who was selected to the Pro Bowl in 2009, has been with the Giants since 2003.

The Giants also lost safety Kenny Phillips to the division-rival Eagles on Thursday. The 26-year-old, who signed a one-year deal with Philly, was the first-round draft pick of the G-Men in 2008.

Phillips played just seven games for the Giants in 2012, amassing 24 tackles. His best season came in 2011, when he recorded 82 tackles, a forced fumble and four interceptions in 15 games.

Happy to have Rivers back, Giants fans? Sound off with your thoughts and comments below...

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