EAST RUTHERFORD, N.J. -- The New York Giants will be heading to training camp with all their draft picks after agreeing to contract terms with first-round choice Kenny Phillips on Tuesday evening.
The Giants agreed to a five-year deal worth $11,150,000 with the safety from Miami, reports NFL Network's Adam Schefter.
Phillips was not immediately available for comment.
The Giants signed cornerback Terrell Thomas, their second-round choice, on Monday, the day the Super Bowl champions traded disgruntled four-time Pro Bowl tight end Jeremy Shockey to New Orleans for two draft choices.
Ironically, the day the Giants drafted Phillips they made just as much news by announcing that the rumored trade of Shockey to the Saints in April had fallen through and that he was being counted on to be the Giants' starting tight end.
The Giants have big plans for Phillips, who was taken with the 31st and last pick of the first round.
New York lost starting free safety Gibril Wilson to Oakland in free agency. Veteran Sammy Knight was signed for the immediate future, but it still left the Giants with a future need, and Phillips more than fills it.
The 21-year-old started 33 of 34 games in three seasons with the Hurricanes, including all 12 this past season at free safety. He finished his career with 203 tackles, including 15 for losses. He also intercepted 16 passes, forced three fumbles and recovered one.
"There's a lot of things to like about Kenny Phillips," general manager Jerry Reese said on draft day. "We like his size and speed, he is multidimensional -- we like those kind of players. He played corner(back) before, and we think he can go down and play on a third receiver if he had to. He's smart and he's a good person."
Phillips plays a lot like Wilson. He has the ability to play close to the line and stuff the run and defend the pass. He also can play special teams.
The Giants will report to training camp at the University at Albany on Thursday.
Information from the Associated Press was included in this report