All articles tagged with #contract rework
The Tampa Bay Buccaneers have restructured Baker Mayfield's contract, securing him $30 million guaranteed in 2026, providing him with added security in his current deal as he continues to excel in his NFL career.
The Cleveland Browns have reworked running back Nick Chubb's contract, lowering his base salary for 2024 by $4 million due to his knee injuries last season. Chubb will have the opportunity to earn the money back through incentives once he's cleared to return, with the team hoping for his productive return during the upcoming season. The Browns have been aggressive in managing their cap space and are optimistic about Chubb's recovery, as they aim to maintain their offensive lineup and make another playoff run.
The Cleveland Browns and running back Nick Chubb have agreed to rework his contract, providing the team with significant salary cap savings while giving Chubb the opportunity to earn more through incentives. The new deal reduces Chubb's salary cap hit from over $15 million to $6.275 million, potentially allowing him to earn up to $12.2 million in 2024 based on performance levels achieved prior to his injury. Despite the reworked deal, Chubb remains set for free agency at the end of the season.
The Houston Texans reworked Stefon Diggs' contract, allowing him to become a free agent after this season and guaranteeing him $22.52 million for the upcoming year, following his trade from the Buffalo Bills. The deal benefits both the team and Diggs, giving the Texans flexibility and incentivizing the receiver, while also providing Diggs the opportunity for a new deal in 2025. Diggs, a consistent NFL receiver, will wear the No. 1 for the Texans and is set to become the fifth highest-paid receiver in the league.
The Houston Texans have reworked wide receiver Stefon Diggs' contract after acquiring him in a trade with the Buffalo Bills, allowing him to become a free agent after the 2024 season. The Texans moved up his guaranteed money to 2024 and agreed on a one-year deal, giving him added incentive to perform well in 2024. Diggs, who was originally under contract through 2027 with the Bills, will now have the opportunity to secure another long-term contract during the 2025 offseason.
Vikings safety Harrison Smith has agreed to revise his contract for the second year in a row, ensuring his return for a 13th season with the team. The details of the changes are undisclosed, but this move solidifies Smith's presence in the NFC North team for the upcoming season.
The San Francisco 49ers have successfully reworked fullback Kyle Juszczyk's contract to free up more salary cap space for the team, ensuring his continued presence with the reigning NFC champions. The details of the new deal were not disclosed, but it allows the 49ers flexibility for the upcoming offseason. Meanwhile, defensive tackle Arik Armstead declined a similar offer and is expected to be released.