Report: Burress settlement official

Posted by ESPN.com's Matt Mosley

Mike Garafolo of the Star-Ledger is reporting that the Plaxico Burress settlement is finally official. As we've heard for a week now, Burress will lose a week's paycheck ($117,000) instead of the $235,000 he was set to lose in the two-week (one-game) suspension.

He also has the assurance that the Giants won't go after any roster-bonus money. All in all, I think Burress came out pretty well when you consider that he skipped a mandatory practice without attempting to contact his employers. Who knows what would've happened in an arbitration hearing. The Giants knew it would be a distraction, and decided to move on.

The good news for Giants fans is that Burress came back strong the last time he was reprimanded with a loss of playing time. If anyone can use a suspension as a source of inspiration, it's Tom Coughlin. He spent most of Friday coming up with T-shirt ideas.

You guys have been wonderful. Next time we talk, I'll be in Philly.