According to Newsday.com, LaVar Arrington arrived in New York on Thursday and:

LaVar Arrington is not a Giant yet, but his agents and the team are inching closer and closer to a deal that would bring the former Redskins linebacker to a team that could certainly use a veteran linebacker.

Sources close to the situation say the deal may actually have been closed on Fri. night. Now, whether the Giants met Arrington’s asking price, we won’t know for sure ’til the ink dries. This is a HUGE addition to the D for the Giants. Getting a seasoned veteran, despite the injury to his knee last year, will go a long way towards making this one of the better defensive units in the NFC.

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