The Buffalo Bills made a bold salary cap move on Tuesday, converting a large portion of Stefon Diggs’s 2021 salary to a “signing bonus” in order to spread out the cap hit over multiple seasons. The news comes from ESPN’s Field Yates.
In NFL contracts, signing bonus money is pro-rated over the life of the deal. In this context, the Bills gave Diggs money that was originally supposed to be salary as a new signing bonus, so it pro-rates over each of the three years remaining on his deal.
Yates reports that the Bills took $11,718,333 of the base salary and converted it to signing bonus, creating $7,812,222 in 2021 cap space.