Virgil Posted June 1, 2021 Share Posted June 1, 2021 21 minutes ago, Canadian Bills Fan said: Love that Diggs agreed to do this. Way to put the team first I’m not disagreeing, but is there any downside for him in doing this? This benefits him too because he’s get his whole salary right now, minus the min. Unless I’m missing something? 1 1 Link to comment Share on other sites More sharing options...
BuffaloRebound Posted June 1, 2021 Share Posted June 1, 2021 I don’t believe any of his 2021 salary was guaranteed. So this definitely is something Diggs wouldn’t have said no to. 1 Link to comment Share on other sites More sharing options...
BarleyNY Posted June 1, 2021 Share Posted June 1, 2021 10 minutes ago, Boxcar said: People are interpreting the restructuring as Diggs doing something for the good of the team, which isn't really true. That is correct. But it means that Diggs won’t be getting a more lucrative contract this offseason. Some people thought he might be looking for a bump because of his production last season. Unless it’s part of the restructure that hasn’t leaked out yet, then that just got kicked until after this season at the earliest. Give the man credit for accepting his current pay - which is very good but not top WR money - and not demanding that he be paid commensurate with his production last season. 1 Link to comment Share on other sites More sharing options...
PromoTheRobot Posted June 1, 2021 Share Posted June 1, 2021 1 Link to comment Share on other sites More sharing options...
DrDawkinstein Posted June 1, 2021 Share Posted June 1, 2021 1 minute ago, BarleyNY said: That is correct. But it means that Diggs won’t be getting a more lucrative contract this offseason. Some people thought he might be looking for a bump because of his production last season. Unless it’s part of the restructure that hasn’t leaked out yet, then that just got kicked until after this season at the earliest. Give the man credit for accepting his current pay - which is very good but not top WR money - and not demanding that he be paid commensurate with his production last season. I've been saying the whole time, just give him some guaranteed money and he'll be happy for a little longer. Easy peasy. Glad they got it done. Cant wait to see what comes of this. Link to comment Share on other sites More sharing options...
BarleyNY Posted June 1, 2021 Share Posted June 1, 2021 15 minutes ago, Conlan58 said: I may be wrong, but I believe signing bonuses would be taxed at a higher rate rather than salary? Either way - restructuring is always a player doing the team a favor in my eyes. This is huge! Either way it’s still all income that falls within the same calendar year - except the last couple games and that’s still in a year where he’d be in the same tax bracket. 1 Link to comment Share on other sites More sharing options...
ExWNYer Posted June 1, 2021 Share Posted June 1, 2021 28 minutes ago, McBean said: I thought Diggs was a selfish prick and not a good teammate? says, "Yer darn tootin'!!!" 1 Link to comment Share on other sites More sharing options...
BuffaloBills1998 Posted June 1, 2021 Share Posted June 1, 2021 52 minutes ago, H2o said: ????? It wouldn’t make any sense to trade for him. We’re literally stacked at WR and he has a bloated contract too boot also he hasn’t been able to stay healthy. 1 1 Link to comment Share on other sites More sharing options...
BuffaloRebound Posted June 1, 2021 Share Posted June 1, 2021 9 minutes ago, BuffaloRebound said: I don’t believe any of his 2021 salary was guaranteed. So this definitely is something Diggs wouldn’t have said no to. I take this back. His 2021 salary was fully guaranteed on March 21. This restructure is almost all Diggs helping the team out. Only benefit to Diggs is he gets is his 2021 salary right now instead of weekly checks during the season. 1 Link to comment Share on other sites More sharing options...
NewEra Posted June 1, 2021 Share Posted June 1, 2021 Most importantly: sign Steve Nelson Would be nice: trade a 7th for Ertz after signing Nelson. 2 1 1 Link to comment Share on other sites More sharing options...
CountDorkula Posted June 1, 2021 Share Posted June 1, 2021 (edited) 4 minutes ago, BuffaloBills1998 said: It wouldn’t make any sense to trade for him. We’re literally stacked at WR and he has a bloated contract too boot also he hasn’t been able to stay healthy. This needs to stop. Prior to last season he missed 4 games in the last 6 years. People get hurt sometimes it happens. He is one of the top 10 WRs in the NFL. Acquire him if you can. Edited June 1, 2021 by CountDorkula 4 1 Link to comment Share on other sites More sharing options...
Boxcar Posted June 1, 2021 Share Posted June 1, 2021 2 minutes ago, BuffaloRebound said: I take this back. His 2021 salary was fully guaranteed on March 21. This restructure is almost all Diggs helping the team out. Only benefit to Diggs is he gets is his 2021 salary right now instead of weekly checks during the season. Considering you can invest a lot of that money, it's definitely a big benefit. 1 Link to comment Share on other sites More sharing options...
HOUSE Posted June 1, 2021 Share Posted June 1, 2021 Just now, NewEra said: Most importantly: sign Steve Nelson Would be nice: trade a 7th for Ertz after signing Nelson. 2 1 Link to comment Share on other sites More sharing options...
teef Posted June 1, 2021 Share Posted June 1, 2021 (edited) 46 minutes ago, Royale with Cheese said: Josh Norman? I don't think he wants that much. Edited June 1, 2021 by teef Link to comment Share on other sites More sharing options...
Process Posted June 1, 2021 Share Posted June 1, 2021 2 minutes ago, BuffaloRebound said: I take this back. His 2021 salary was fully guaranteed on March 21. This restructure is almost all Diggs helping the team out. Only benefit to Diggs is he gets is his 2021 salary right now instead of weekly checks during the season. That's a pretty big benefit, lol... 2 Link to comment Share on other sites More sharing options...
Boxcar Posted June 1, 2021 Share Posted June 1, 2021 Just now, HOUSE said: I absolutely can not wait until Ertz is on the team, simply for your reaction. 1 Link to comment Share on other sites More sharing options...
teef Posted June 1, 2021 Share Posted June 1, 2021 16 minutes ago, Ethan in Portland said: No thank you for everything you do! 4 1 Link to comment Share on other sites More sharing options...
SectionC3 Posted June 1, 2021 Share Posted June 1, 2021 34 minutes ago, Canadian Bills Fan said: I know but I think of Tyreek Hill who said "once Im signed, Im signed" and that he wouldnt restructure Nice to not have that problem FWIW I suspect it's an automatic restructure. That is, I believe the Bills have the right to convert the money from roster bonus money to signing bonus without the consent of the player. I don't have the contract, but that's my understanding. 1 Link to comment Share on other sites More sharing options...
eball Posted June 1, 2021 Share Posted June 1, 2021 27 minutes ago, Boxcar said: They just gave him his entire salary in one go. He didn't sacrifice anything. Not to say Diggs is selfish or anything like that, but in this instance it is actually beneficial to the player. 23 minutes ago, Boxcar said: People are interpreting the restructuring as Diggs doing something for the good of the team, which isn't really true. Serious question...does accelerating his up front payment have tax implications for Diggs? I mean, if there is literally nothing but a benefit to Diggs to do this it seems like it wouldn't be that big of a deal. Link to comment Share on other sites More sharing options...
Freddie's Dead Posted June 1, 2021 Share Posted June 1, 2021 CAN YOU DIGGS IT, SUCKAS? Link to comment Share on other sites More sharing options...
SectionC3 Posted June 1, 2021 Share Posted June 1, 2021 Just now, eball said: Serious question...does accelerating his up front payment have tax implications for Diggs? I mean, if there is literally nothing but a benefit to Diggs to do this it seems like it wouldn't be that big of a deal. Depends on the tax code. Link to comment Share on other sites More sharing options...
Process Posted June 1, 2021 Share Posted June 1, 2021 1 minute ago, eball said: Serious question...does accelerating his up front payment have tax implications for Diggs? I mean, if there is literally nothing but a benefit to Diggs to do this it seems like it wouldn't be that big of a deal. No 1 Link to comment Share on other sites More sharing options...
Desert Bills Fan Posted June 1, 2021 Share Posted June 1, 2021 (edited) Digs was the biggest opportunity for restructure cap savings. Looks like the Bills could create another $20 mil in cap space if they did all the restructure moves identified on the overthecap web site. Seems like plenty of room to do as many deals as they want.... Edited June 1, 2021 by Desert Bills Fan Link to comment Share on other sites More sharing options...
DrDawkinstein Posted June 1, 2021 Share Posted June 1, 2021 2 minutes ago, Desert Bills Fan said: Looks like the Bills could create another $20 mil in cap space if they did all the restructure moves identified on the overthecap web site. Seems like plenty of room to do as many deals as they want.... It's stuff like this why I often make the tongue-in-cheek statement of "The salary cap is a myth". 2 2 Link to comment Share on other sites More sharing options...
psuscott16 Posted June 1, 2021 Share Posted June 1, 2021 1 minute ago, DrDawkinstein said: It's stuff like this why I often make the tongue-in-cheek statement of "The salary cap is a myth". Just have to be careful and only do it with players you know you won't have to cut or trade since the signing bonus would be due in full at that point, instead of spread over the contract. 3 1 Link to comment Share on other sites More sharing options...
Ethan in Cleveland Posted June 1, 2021 Share Posted June 1, 2021 7 minutes ago, teef said: thank you for everything you do! You asked if it had anything to do with Allen extension. And I answered. Allen’s new contract when it is done is an extension. It will have no impact on his salary in 2021. It’s how the CBA works for second contracts of draft picks. So the answer to your question, freeing up salary cap space in 2021 has nothing to do with Allen’s extension. 1 1 Link to comment Share on other sites More sharing options...
H2o Posted June 1, 2021 Share Posted June 1, 2021 16 minutes ago, BuffaloBills1998 said: It wouldn’t make any sense to trade for him. We’re literally stacked at WR and he has a bloated contract too boot also he hasn’t been able to stay healthy. I don't think we are either. I was just posting that to get some folks going who were advocating for us getting Julio in a previous thread. Link to comment Share on other sites More sharing options...
BarleyNY Posted June 1, 2021 Share Posted June 1, 2021 2 minutes ago, Desert Bills Fan said: Digs was the biggest opportunity for restructure cap savings. Looks like the Bills could create another $20 mil in cap space if they did all the restructure moves identified on the overthecap web site. Seems like plenty of room to do as many deals as they want.... There’s really not a lot of those moves you’d WANT to make though. A Dawkins restructure is about it IMO. The Bills are now set up to make it through the season comfortably. The Bills could even make a move with a relatively modest hit this year. Even a bigger move - like with a Steven Nelson level contract - could be made if it were a longer contract or if voidable years were used on a short one. 1 Link to comment Share on other sites More sharing options...
teef Posted June 1, 2021 Share Posted June 1, 2021 2 minutes ago, Ethan in Portland said: You asked if it had anything to do with Allen extension. And I answered. Allen’s new contract when it is done is an extension. It will have no impact on his salary in 2021. It’s how the CBA works for second contracts of draft picks. So the answer to your question, freeing up salary cap space in 2021 has nothing to do with Allen’s extension. and i said, thank you for everything you do. 1 Link to comment Share on other sites More sharing options...
BuffaloRebound Posted June 1, 2021 Share Posted June 1, 2021 A 5 month advance (mid point of season is around Halloween) on $11.7m is probably worth around $250k to Diggs if you assume banks would charge around 5% per year to lend to a guy who’s got significant assets. Link to comment Share on other sites More sharing options...
NewEra Posted June 1, 2021 Share Posted June 1, 2021 16 minutes ago, HOUSE said: What would you like to do with the new cap space? Carry it over? Link to comment Share on other sites More sharing options...
Ethan in Cleveland Posted June 1, 2021 Share Posted June 1, 2021 1 minute ago, psuscott16 said: Just have to be careful and only do it with players you know you won't have to cut or trade since the signing bonus would be due in full at that point, instead of spread over the contract. Actually it is the opposite. Yes the money is paid in full at the beginning of the year but the real risk is they cut the player the following year. Then all that prorated signing bonus money becomes dead cap space. That is how they lower the cap hit this year by spreading it over the next several years. Link to comment Share on other sites More sharing options...
mjt328 Posted June 1, 2021 Share Posted June 1, 2021 The key here is the timing. June 1st is a key date for trades/cuts, because of how dead money is converted off contracts. Brandon Beane could have restructured Stephon Diggs at pretty much anytime after the season ended. He could have signed a player like Steven Nelson or Richard Sherman months ago during free agency. There is no rush for him to extend either Josh Allen or Tremaine Edmunds. The fact this happened today in the A.M., tells me Beane is eying a post-June 1 cut/trade candidate. 3 Link to comment Share on other sites More sharing options...
Royale with Cheese Posted June 1, 2021 Share Posted June 1, 2021 We save more if Addison is cut now being that its June 1? Link to comment Share on other sites More sharing options...
scuba guy Posted June 1, 2021 Share Posted June 1, 2021 47 minutes ago, Conlan58 said: I may be wrong, but I believe signing bonuses would be taxed at a higher rate rather than salary? Either way - restructuring is always a player doing the team a favor in my eyes. This is huge! He will get taxed by ny standards rather than say game checks in Florida re Jacksonville and Miami where there is no tax Link to comment Share on other sites More sharing options...
HOUSE Posted June 1, 2021 Share Posted June 1, 2021 3 minutes ago, NewEra said: What would you like to do with the new cap space? Carry it over? Spend spend spend 1 Link to comment Share on other sites More sharing options...
H2o Posted June 1, 2021 Share Posted June 1, 2021 38 minutes ago, Buffalo03 said: Ertz so good Come on, baby make it Ertz so good Our tight ends never play like they should Let's make it, Ertz so good 1 1 Link to comment Share on other sites More sharing options...
Desert Bills Fan Posted June 1, 2021 Share Posted June 1, 2021 Oh yeah, if I recall: a signing bonus is paid up front, but as far as cap book-keeping it is spread over the length of the contract? 1 Link to comment Share on other sites More sharing options...
MJS Posted June 1, 2021 Share Posted June 1, 2021 54 minutes ago, Boxcar said: People are interpreting the restructuring as Diggs doing something for the good of the team, which isn't really true. Well, Tyreek Hill has refused to do that in the past, for no good reason. 1 Link to comment Share on other sites More sharing options...
scuba guy Posted June 1, 2021 Share Posted June 1, 2021 37 minutes ago, Virgil said: I’m not disagreeing, but is there any downside for him in doing this? This benefits him too because he’s get his whole salary right now, minus the min. Unless I’m missing something? All bonus money will be paid upfront at ny tax rates game checks like Miami and Jacksonville do not get taxed because there is no state income tax. So he will lose some money yes Link to comment Share on other sites More sharing options...
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