Tag

Contract Restructuring

All articles tagged with #contract restructuring

sports1 year ago

"Texans' Stefon Diggs: Contract Adjustments and Future Free Agency Prospects"

The Houston Texans acquired Stefon Diggs from the Buffalo Bills and restructured his contract, making him a free agent in 2025 with a guaranteed $22.52 million in 2024. This move gives Diggs the opportunity to test the open market after his Texans debut, and potential landing spots for the star wide receiver in 2025 include teams like the Buffalo Bills, Las Vegas Raiders, Miami Dolphins, Los Angeles Rams, and San Francisco 49ers.

sports1 year ago

Texans Revamp Stefon Diggs' Contract, Shocking NFL Juggernaut

The Houston Texans have restructured wide receiver Stefon Diggs' contract, wiping out the final three years of his deal with the Buffalo Bills and adding $3.5 million to his current contract, making his 2024 salary $22.52 million in guaranteed money. Diggs will play on a one-year deal, giving him the opportunity to become a free agent after the season and potentially secure a long-term deal with the Texans. This move allows him to prove himself as a premier receiver while providing the Texans with a top target for their rookie quarterback, C.J. Stroud. However, the Texans will not be eligible for a compensatory pick if Diggs leaves next offseason.

sports1 year ago

"Assessing the Value of Vikings' Draft Trade for Quarterbacks"

In the latest episode of The Real Forno Show, Tyler Forness and his producer, Dave, analyze the Minnesota Vikings' potential draft trade strategy, discussing the cost of trading up for a quarterback, the importance of infrastructure for success, and the value of future draft picks. They also delve into the concept of void years in NFL contracts and the implications of Harrison Smith's contract restructuring. The episode provides insightful and in-depth analysis, leaving listeners with much to ponder about the upcoming NFL draft and the Vikings' potential moves.

sports1 year ago

Miami Dolphins Restructure Contracts, Free Up Cap Space

The Miami Dolphins have been restructuring contracts to create cap space for offseason signings, with the latest adjustment involving outside linebacker Bradley Chubb, which opens up an additional $11 million in cap space for 2024. Chubb, coming off a productive season, had his base salary converted into a signing bonus, following a torn ACL that ended his 2023 season prematurely. The team's plans for the cap space remain to be seen.

sports1 year ago

Miami Dolphins Restructure Bradley Chubb's Contract, Creating $11 Million in Cap Space

The Miami Dolphins have restructured Bradley Chubb's contract, converting a portion of his base salary into a signing bonus to create $11 million in additional cap space. Chubb, who had an impressive 2023 season with 11 sacks and six forced fumbles, is currently rehabbing from a torn ACL sustained in Week 17, aiming to return to the field as soon as possible.

sports1 year ago

"Dak Prescott's Contract Restructured by Dallas Cowboys, Freeing Up Cap Space"

The Dallas Cowboys have restructured quarterback Dak Prescott's contract, converting his $5 million roster bonus into a signing bonus to create $4 million in 2024 salary cap space and adding two voided years to the end of his contract through 2028. Prescott's new cap number is $55.455 million, making him the second-highest in the NFL behind Cleveland's Deshaun Watson. The team aims to extend Prescott's contract, while also addressing new deals for linebacker Micah Parsons and wide receiver CeeDee Lamb, who is entering the final year of his rookie deal.

sports1 year ago

"Dak Prescott's Contract Restructured, Cowboys Gain $4 Million Cap Space"

The Dallas Cowboys have restructured Dak Prescott's contract by converting his $5 million roster bonus to a signing bonus and adding void years, resulting in $4 million in cap space for the current season. This move allows the team to carry Prescott on their cap even if he were to move on after the 2024 season, but it doesn't preclude the possibility of a contract extension.

sports1 year ago

"Rams Star Aaron Donald's Career: Contract Changes, Super Bowl Brilliance, and Retirement Speculation"

Aaron Donald's recent contract restructuring with the Los Angeles Rams has converted a guaranteed roster bonus to a signing bonus and most of his base salary to an option bonus, creating extra cap space for 2024. The restructuring has no impact on whether he will return from retirement, and if he does, he will receive $30 million for 2024. There is speculation that his retirement may be a strategic move to negotiate a higher offer from the Rams or another team for the 2024 season.

sports1 year ago

"49ers Restructure Contracts, Free Up Cap Space"

The San Francisco 49ers have restructured tight end George Kittle's contract, generating nearly $10 million in salary cap space. Kittle, who signed a five-year, $75 million deal in 2020, was set to earn $13.4 million in base salary this season. The restructuring aims to provide the team with financial flexibility while retaining a key player who has been a standout performer since being drafted in 2017.

sports1 year ago

"NFL Buzz: Eagles Restructure Josh Sweat's Deal, Jets Eyeing Jadeveon Clowney"

The Philadelphia Eagles and defensive end Josh Sweat have restructured his contract, guaranteeing him $10 million with a max value of $13 million, impacting the team's roster strategy for the defensive line. The team is likely to trade Haason Reddick, aiming to maintain their pass rush effectiveness while getting younger and acquiring future assets. Sweat's re-signing adds to the team's surplus at the edge rusher position, complementing the skills of other players, and the Eagles may continue to make moves in the lead-up to the draft.