At the beginning of June, the Buffalo Bills reportedly restructured wide receiver Stefon Diggs’ contract that freed up over $8 million in cap space. The move seemed to indicate that the Buffalo Bills had another move in mind that they would need that additional cap space.
The reason is that the way they reportedly restructured the deal created a great cap hit in the next two years for their star wide receiver. While this may not be a huge impact as the salary cap is expected to grow, it wouldn’t make sense to make that move now if the team wasn’t planning to use it.
Some of the potential moves I detailed shortly after the news broke are still available for the Bills. The Philadelphia Eagles still haven’t traded away former All-Pro tight end Zach Ertz, cornerbacks Steven Nelson and Richard Sherman are free agents. As for the defensive tackle position, it doesn’t seem to be as much of a pressing need anymore as the Bills did sign two defensive tackles on Tuesday.
However, those were moves that could be made and didn’t need the team to restructure Diggs deal to get them done.
Another potential option for the Buffalo Bills is they could use the additional cap space to extend Josh Allen, Tremaine Edmunds, or both. These are two key parts of their team and are under contract for only two more years after the team picked up both fifth-year options this offseason.
The move to restructure Stefon Diggs contract to create additional cap space signalled the Buffalo Bills were going to make a move that the cap space was going to be needed. This belief still holds true and general manager Brandon Beane is likely to make a move before training camp that will improve the roster this season or create stability long-term for the franchise.