Despite speculation that dissatisfaction with a contract extension he signed in late 2005 would prompt him to hold out in 2008, Giants defensive end Osi Umenyiora says that he’ll report for all mandatory activities this season.

According to Ralph Vacchiano of the New York Daily News, Umenyiora concedes that he considered holding out, but has decided against it.

“I’m not going to say I wasn’t thinking about it,” Umenyiora said.  “I mean, come on, you see what’s going on out there [with escalating salaries], but I don’t think it’s the right thing to do.  I’m happy to be here.  I want to be here.  I don’t want to seem disrespectful.  I don’t want to do anything crazy.  I’m cool.”

Umenyiora fired the agent who negotiated his $41 million extension a year ago and hired Tony Agnone, who also represents Michael Strahan.  And since Agnone doesn’t get paid until Osi gets a new deal, the thinking is that Osi hired Agnone because Osi wants a new deal.

 “When it’s time to do the right thing, they will do the right thing,” Umenyiora said.  “Right now, I’m just going to go out and try to earn what they’ve paid me already.”