Steve Smith Signs ... With Eagles

Talk about a way to ruin a perfectly good day. I come back after a nice day out with the family to the news that Steve Smith is now a former New York Giant ... and that he has signed with the NFC East rival Philadelphia Eagles.

Say what? Where did that come from?

I am, to be honest, flabbergasted by this move. All signs, I thought, pointed toward Smith returning to the Giants -- especially after he had spent a couple of days this week at the Timex Performance Center.

Here is Andy Reid, the Philadelphia coach, on the signing.

"He’s a Pro Bowl quality receiver that we will work into our offense as soon as he is ready to go"

Per ESPN's Adam Schefter, Smith took a one-year deal from the Eagles.

Mike Garafolo of the Star-Ledger was apparently as stunned as I am, tweeting "My goodness, I'm speechless on this one." Per Garafolo, the one-year deal is worth $4.2 million, with $2 million guaranteed. MG also tweeted "How in the world could the Giants let that happen???????? This is incredible."

I have to believe the Giants could have -- and would have -- matched that contract. There had been some indication from the Smith camp that they were growing impatient with the Giants, but that seemed to dissipate when Smith spent a couple of days in New Jersey this week. Perhaps Smith did not like what he heard from the Giants when he met with them.

Smith, of course, set the Giants' franchise record with 107 catches in 2009 -- the only receiver in franchise history to crack the 100-reception barrier.

I can't wait to hear the official reaction to this one from GM Jerry Reese and the Giants. This is definitely not something the Giants could have anticipated.

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