Stefon Diggs Restructures Contract, Saves Buffalo Nearly $12 Million

  • Stefon Diggs restructured contract changes his base salary from nearly $13 million to about $1 million.
  • The Buffalo Bills now have about $11 million in cap space to sign players.
  • Diggs led the NFL in both receptions and receiving yards in 2020.

BUFFALOStefon Diggs and the Buffalo Bills have agreed to terms to restructure the star wide receiver’s contract. Diggs was set to make about $12.7 million in this upcoming season but is now brought down to just under $1 million while the rest has been converted to a signing bonus.

What Buffalo May Do With The Money

There are a lot of possibilities for what the Bills could do with the money they’ve saved from restructuring Diggs’ contract.

The most unlikely option is that the team is creating salary cap space to acquire a player like Julio Jones or Zach Ertz who have been  rumored to be on the trade market.

A slightly more possible outcome is that the team is gearing up to pay Josh Allen a massive contract and are deciding to clear the books a little early. However, what Buffalo is probably doing is just creating some extra space to help sign their recent draft picks.

Gregory Rousseau and Spencer Brown, the teams first and third-round picks, have not been signed yet and having an extra $8 million in cap space gives the team some comfort in negotiating those deals.

The Bills Odds Moving Forward

Any super bowl bettors can find the Buffalo Bills with the third shortest odds, only behind the Kansas City Chiefs and Tampa Bay Buccaneers, at +1100.

Buffalo is projected to have a successful year with their win total being set at 11 wins and the Over being a moderate betting favorite.

Buffalo Bills Win Total Odds

  • Over 11 -145
  • Under 11 +110

Sports betting sites are predicting a strong start to the season for Buffalo, as they are currently pegged as 6-point favorites and -290 on the moneyline against the Pittsburgh Steelers.

Having Stefon Diggs locked down with the ability to bring in even more talent will have many bettors feeling comfortable putting action on their odds this season.

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