Tagged in: summer

Buffalo Bills restructure contract of WR Stefon Diggs

The Buffalo Bills converted more than $11.7 million of wide receiver Stefon Diggs’ base salary into a signing bonus, a source told ESPN’s Field Yates, saving the team roughly $8 million of salary-cap space.

Diggs was scheduled to make roughly $12.7 million in base salary in 2021; that figure is now down to $990,000. Buffalo, meanwhile, now has $11,084,995 in cap space, per Spotrac.

The timing of Diggs’ restructured deal comes as teams can take on less dead cap money after a June 1 trade or release — and will create some curiosity as multiple players, including Philadelphia’s Zach Ertz and Atlanta’s Julio Jones, are expected to be moved from their current teams.

It also creates more breathing room for the Bills, who have yet to sign first-round pick Greg Rousseau or third-round pick Spencer Brown.

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There’s also the matter of an upcoming extension for quarterback Josh Allen, who concluded as the league’s MVP runner-up in 2020.

Bills GM Brandon Beane has publicly expressed interest in signing Allen long term — interest Allen has reciprocated over the past year.

Beane said a deal likely won’t be done until this summer at the earliest but didn’t rule out negotiations extending into next offseason. Either way, Spotrac estimates Allen’s market value at $42.2 million per year, which would make him the second-highest-paid player in the league

Diggs, the NFL’s leader in receptions and receiving yards last season, is not the only Bills player to rework his contract this offseason. Buffalo has also agreed to restructures or pay cuts with Mitch Morse, Vernon Butler and Mario Addison.

Last season with the Buffalo Bills, Stefon Diggs had 1,525 receiving yards and eight touchdowns in the regular season. He also had 311 receiving yards and two touchdowns in the postseason.

This is the reasoning as to why some big names will get traded or drafted at this time of the calendar year. The teams that make trades for players will have large salaries, and won’t have a negative effect on their cap space.

The Buffalo Bills have been very vocal about their plans to sign quarterback Josh Allen to a long-term extension. Most specifically, to do it by the summer, before or during training camp. The Bills could also be one of the many teams interested in players like Julio Jones and Zach Ertz.

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Rakitic leaves Barca to rejoin Sevilla

Ivan Rakitic is set to become the first big name player to leave Barcelona this summer and will re-sign for old club Sevilla.

The Croatian was one of numerous Barca stars who were told they were not part of new manager Ronald Koeman’s plans moving forward at the Nou Camp.

The midfielder has agreed a two-year deal with Sevilla, with an option for a third, and will take a significant pay cut as a result, according to Goal.

Rakitic will earn £2.7million-per-year at Sevilla which is a huge decrease from the £7million he earned during his last term with Barcelona.

The 32-year-old spent three seasons with Sevilla and won the Europa League in the 2013/14 season right before he made his big switch to the Catalan club in 2014.

His return has been agreed in principle by the two clubs, who have agreed a nominal fee for now.

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Rakitic has been one of the few Barcelona stars who have been linked with moves away for quite some time.

The midfielder was attracting interest from Serie A clubs back in January, as well as being linked with Manchester United, but no move was finalized.

Whilst he has always spoken on his love for Sevilla, he had said earlier in the transfer window that he would remain at Barca for one more season to see out his contract.

However, new boss Koeman has had other plans as the LaLiga giants have descended into chaos over recent weeks with Luis Suarez, Arturo Vidal and others all told they are no longer wanted.

Lionel Messi has also not been reporting to training and testing as his feud with Koeman rumbles on amid rumours of a staggering transfer to Manchester City. Sevilla have also managed to get business done elsewhere, as they confirmed the signing of goalkeeper Yassine Bono on a permanent basis from Girona for £3.6million.

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California board passes rules for boxing return

The California State Athletic Commission passed emergency regulations Friday with an eye to restarting combat events in the summer months.

The commission met via video conference Friday morning and its guidelines were sent to the California Office of Administrative Law.

“When that process is finished, we’ll start,” said Andy Foster, the CSAC’s executive director.

Among the key parts of these regulations, according to Foster, is that, “the fighters will be tested between two and three weeks before their event for the COVID-19 virus. If they’re clear, we’ll accept them on the bout card and we’ll approve the fights if they meet the other criteria.

Foster acknowledged that weighing heavily on the committee’s minds was Jacare Souza, who was scratched from the UFC 249 card in Jacksonville, Florida, on the weekend of May 9 for testing positive for the coronavirus.

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“We learned from that event, and I want to be clear, that’s not to put down the UFC one bit, they had a great plan and everything,” he said. “We learned by watching that, just how contagious this virus could be. So we want to mitigate that risk.”

Everyone working corners will be required to wear a mask and surgical gloves at ringside, but there will be no limit on how many people can be in the facility on fight night.

It’s not clear who will have the first show in California, but Eric Gomez, the president of Golden Boy Promotions, told ESPN, “Our plan, right now, we would like to go July 4th, and we’re working towards that. We’re doing a lot of work behind the scenes to ensure that all the right guidelines and protocols are going to be followed, and that the commission is going to be satisfied with all our efforts.”

Boxing has been at a standstill throughout the world since mid-March. Foster says he has received abundant calls during the past couple of months from those in the business wondering when they could start programing shows.

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