Bills Create Cap Space to Sign Big-Name Player
The Buffalo Bills were hurting for cap space following the NFL Draft and their first batch of free agent signings, but they changed that on Tuesday when they restructured Stefon Diggs' contract.
The move gave them over $11 million in cap space, which is conveniently more than enough space to add a big-name player they've been linked to all offseason — Philadelphia Eagles tight end Zach Ertz.
Ertz trade destinations have been talked about all offseason, but the Eagles have stayed put so far. That can likely be explained by the structure of his contract, however. Had the Eagles traded Ertz before June 1, he would have counted for $7.8 million in dead money against the salary cap this season. By trading him after June 1, that number drops to $4.2 million in 2021, followed by $3.5 million in 2022.
The timing of this Diggs restructure, happening on June 1, certainly seems to be a sign that the Bills expect to be getting some sort of deal done soon. It would make a lot of sense if that deal is a trade for Ertz, who would immediately slot in as the team's top receiving tight end.
Adding another threat to a receiving group that already had the NFL's third-most passing yards last season has to get Bills fans pretty excited.
Prior to any potential trade, FanDuel Sportsbook has the Bills ranked No. 3 in the NFL with +1200 odds to win the Super Bowl next season.
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Jason Schandl is not a FanDuel employee. In addition to providing DFS gameplay advice, Jason Schandl also participates in DFS contests on FanDuel using his personal account, username Jaymun. While the strategies and player selections recommended in his articles are his personal views, he may deploy different strategies and player selections when entering contests with his personal account. The views expressed in his articles are the author's alone and do not necessarily reflect the views of FanDuel.