The Buffalo Bills converted more than $ 11.7 million of Stefon Diggs’ base salary into a signing bonus, ESPN reports.
Leading in catches and receiving yards last season, the receiver was expected to make $ 12.7 million in base salary in 2021, but that drops to $ 990,000.
This allows the organization to save approximately $ 8 million on payroll, for a total of $ 11,084,995 remaining.
It could also open doors for players like Zach Ertz of the Eagles or Julio Jones of the Falcons, who are at risk of leaving their respective teams. In addition, they will have more leeway to allow first-round pick Greg Rousseau and third-round pick Spencer Brown to sign their first contracts.
Not to mention that a contract extension is desired in the case of quarterback Josh Allen, who was a finalist for MVP last campaign. General Manager Brandon Beane has publicly stated his interest in signing Allen for the long term, and the interest is mutual. Beane has revealed that they could get along this summer, but it is possible that it will wait until the next offseason.
Buffalo also restructured the contracts of Mitch Morse, Vernon Butler and Mario Addison.