The Bucs made an adjustment to the contract of one of their best players on Tuesday as NFL Network’s Tom Pelissero is reporting that they have restructured the contract of wide receiver Mike Evans. In this restructuring, the Bucs created $3.2 million for cap space by converting $4 million of his base salary into a signing bonus.

Evans was scheduled to be paid $20 million this season, but restructured his contract earlier this year down to $16.8 million for insurance purposes. Evans signed a five-year $82.5 million extension last season.

Evans is coming off a Pro Bowl year where he had 86 receptions, eight touchdowns, and a career-best 1,524 receiving yards. He broke the Bucs’ all-time receiving yards record last season, and now stands at 6,103 career receiving yards.

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30 COMMENTS

  1. What is he guaranteed over next 5 years
    and what does that do to cap next year ?
    Are they hurting future caps?

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  2. In my estimation he is the best reciever in the league.

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  3. Not affecting future caps. Signing bonuses don’t count against the cap for some strange reason except on some sort of pro-rated basis. There is a limit on what you can do with that, and apparently, the Bucs leveraged it on one player (arguably their most valuable) by creating $3 million in cap space.

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  4. Up to the point of the catch he’s as good as any other receiver in the league. His YAC and his endurance need work before I would call him the best. Can’t blame him. He’s a big man so he gets winded down the stretch.
    Wouldn’t trade him, just sayin.

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  5. Good move.

    Go Bucs!

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    Rating: +6. From 6 votes.
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  6. Obviously the Bucs need the cap space, I assume that’s why they haven’t signed all their draft picks yet. I really don’t get why they don’t just part ways with JPP. That’s 7 million right there, and if I were Licht, I’d try to recoup his full salary if possible. Thinking a 30 something year old player, with a neck fracture is going to be able to come back maybe November, and make an impact isn’t wishful thinking, it’s more like living in an alternate reality. Get your head out of your ass Licht.

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  7. Surfer I think they are careful not to send the wrong message to the locker room that If you get hurt we’ll have nothing else to do with you. However I agree with you that JPP will not contribute much this year.

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    Rating: +11. From 13 votes.
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  8. Not sure how it works… but why not give everyone signing bonuses and create a boatload more cap space???

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    Rating: +7. From 9 votes.
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  9. The Bucs did a simple restructure of WR Mike Evans’ 5 year contract, creating $3.2 million in 2019 cap space. The easiest way to create cap relief is to shift money from base salary to a signing bonus which is then pro-rated against the cap for life of the contract.

    Remember this. Everything in a player’s contract counts against the cap. The question is when during the length of the contract does it count. The Bucs took Mike Evans’ $16.8 million base salary for 2019 and converted $4 million to a signing bonus. The 4 million is now spread for the cap over 5 years, with only one-fifth or $800,000 counting this year, so it frees up $3.2 million under the current cap.

    The cap obligation is still there, it’s just shifted to later years. It’s like paying a monthly bill with a credit card. Helps with cash flow now, but you’re paying later for what you need now. This money becomes dead money if the player is unable to fulfill the term of the contract. The Bucs have tried to avoid this practice in the past,

    The risk is once you’ve paid someone a bonus, you can’t get cap relief from that. As long as Evans is on the roster which is very likely for a few years so there’s little no risk of any major dead money under the cap. Go Bucs!

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    Rating: +31. From 31 votes.
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  10. Anyone that doesn’t know how a Signing Bonus works doesn’t pay much attention to Football even if they claim to be experts on the BMI a player should be at and on what specific parts of their body and proudly proclaim to hate everything Buccaneers, but enough about Ass…

    This is a very simple move that we knew was coming although in a much smaller way than we might have anticipated… Thus only clears enough to finish signing their Draft Picks so any major key pieces brought in moving forward will probably be covered by releasing someone…

    Can full contact Training Camp just be here already so we can see what this team is really made of!!! Go Bucs!!!

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  11. P.S. – $800,000 in Cap Space for the next 5 years to save $3.2 mil this year for the most guaranteed player on the team is as much of a Non-Issue as you can get. So no room to try and make it one. Evans will continue to earn every penny and with his Cap Value going down moving forward, it was a great move…

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  12. Positive move by the Bucs! Good move… cash now… by Bucs best player! Go Bucs!

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  13. Antonio Brown made 16 Touchdowns in regular season at 14 mil year 1 mil per td
    Mike Evans 13 place in NFL with 8 Touchdowns 20 mil year so Bucs pay him 2.5 Mil for each TD
    wow sounds like great deal to me .

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    Rating: -30. From 34 votes.
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  14. The message that you would send to the locker room would be, if you make 14.5 million, and can’t be bothered to show up for OTA’s, because you’re out in the wee hours of the morning breaking your neck, we don’t need you. It’s not like he hurt himself playing football. He hurt himself being a dumb ass, as usual. A new staff, new scheme, new teammates, I’d rather not show, F him, good bye. We need every hand on deck, whenever the team meets, he’s no leader. He’s an aging vet with a neck fracture, see ya.

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    Rating: +2. From 18 votes.
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    • What is the benefit of the Buc’s cutting JPP now.
      I tend to believe that JPP will recover from the surgery very well and will continue to be an outstanding football player for part of this year and all of next year.

      What player or players do you think the Buc’s will get today that will make them better.

      Also, just an FYI – you seem to imply that his accident was during OTA’s. The accident was on May 2nd. The 1st OTA’s were on May 14th.

      Back to the original point. If JPP is going to miss 2/3 or all of the season, the Buc’s can cut him just before the season starts and get all of the Cap relief that they could today. So hold on to him. If it looks like he is missing just 1-5 games, I want him on the team.

      There is NO reason to believe that he will not fully recover at this point (just when is the only question). A non displaced fracture without any nerve root involvement will heal without any future sequela. So if he is a good football player then I think we want him on the team.

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      Rating: +8. From 10 votes.
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  15. Evans is elite talent, that’s a team player with little drama, and so far durable he’s is the most valuable wide out playing today IMO for those reasons. We are lucky to have him.

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  16. I wonder if this means they are looking to sign another free agent? Maybe a Lineman?

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  17. I think the Bucs received the bad news from their first round draft picks agent that he’s going to want a little more money than they planned. agents can smell blood in the water and when you have a weak general manager he knows they have to sign him so they’re going to go for the jugular and the Bucs will pay

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  18. Only problem is agents are bound by this little thing called the CBA “Collective Bargaining Agreement”. Unless his agent is a moron I’m sure he will be signing for whatever his draft slot pays. Cheers

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    Rating: +12. From 12 votes.
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  19. Cap’n Sly is right. Since the latest CBA, rookie contracts have become standardized and the Rookie Wage Scale is set.There’s very little negotiating left for agents to do. However, there are still discussions to be had and slight variations depending on where a player is drafted. First round contracts receive a fifth year option and picks 1-15 are usually fully guaranteed.

    However there are things that can be negotiated like offset language and size of the signing bonus which is part of the contract amount which can’t be negotiated. Remember the Joey Bosa/Chargers contract holdout that didn’t get signed until August 29, 2016, one week before the start of the regular season for those same reasons.

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    Rating: +6. From 6 votes.
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  20. Per Greg Auman/TheAthletic,

    NFLPA now have Bucs with $7.75 million in salary cap space. It’s more than seven other teams, but after Bucs sign last two draft picks (1st rounder Devin White and 3rd rounder Jamel Dean) they’ll be back down to $3 million in cap space.

    NFLPA now has Bucs with $7.75 million in salary-cap space. It’s more than seven other teams, but after Bucs sign last two draft picks (including first-rounder Devin White) they’ll be back down to $3 million in cap space

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  21. It still adds 800k to next years cap. i.e. his cap hit next year was $16 million, now its 16.8, 2020 was 16.7 now is 17.5 etc. There is no free lunch. You just gotta hope nothing happens in the next 4 years in terms of Evans or the cap. I’m not a big fan of robbing Peter to pay Paul, especially with the number of free agents we will have next year, but I have to be honest and say I don’t think we have much choice. I hope this isn’t a sign that cap discipline is about to go out the window. We’ve been real good since the 2003+ debacles.

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  22. Mike Evans..the best and favorite buc!

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  23. Devin White said he wanted to be the highest paid Linebacker. I would imagine that he will demand more money than his spot at #5 would pay. And unless he is a flop, he will constantly be demanding more money. The way NFL.Com and other outlets are talking about him as a celebrity when he has not even played one down, I am sure he will be a handful.

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  24. Bob it’s not Evans’ fault, AB had Big Ben hitting him in stride and throwing the deep ball with accuracy, while playing behind a better OL on an overall more talented team.

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  25. So in this piece alone Bob’s comments not only showed that he has no knowledge of how bonuses affect the cap and no knowledge of the modern day slotting of draftees’ salaries. Thankfully macabee came to the rescue with his tutorial. In the meanwhile, in order to somehow drop a fly floating in my morning coffee, Bob decided to insert his usual “yeah but” retort that #13 isn’t as good as AB.

    I swear, guys like Bob, BF47 and others who constantly subject us with a morning hairball must work for Pewter Report. Fess up Scott.

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  26. Back to the original point. If JPP is going to miss 2/3 or all of the season, the Buc’s can cut him just before the season starts and get all of the Cap relief that they could today. So hold on to him. If it looks like he is missing just 1-5 games, I want him on the team.

    Why does everyone want to cut JPP? He was injured in a non-football accident. The Bucs can put him on the NON-FOOTBALL injury list. The Bucs don’t have to pay him, they get the cap room back and they get to keep him for 2020 if he is healthy.

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  27. Scubog every time that jackass posts he shows how pitifully stupid and clueless he is. Guy is just a giant turd that will never have anything good to say. Ignore him like a child acting up.

    When you attack the pay and output of Evans who is one best in league shows what we already know he is a stupid dipshit troll with no purpose here, but to say stupid annoying shit.

    I quit reading his posts everyone with a brain should too and he won’t get his daily fix of acting up like a two year old and troll elsewhere.

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  28. He a 240 lbs Wide out that breaks hardly any tackles. He has not lived up to his to potential as a big wide out. He seems to grow an extra left foot every time he secures catch. Basically he soft after the catch. Personally he can be better than one of the best in the league he should be one of the best all time. I do not see the want to. Fredster, sudog & are all a lil right in your own way. Bob AB had Big Ben & Big Ben has an O line. Different situation Bob.

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  29. HOW..does a team that has not been to the playoffs in 10 years have salary cap problems? Its always been our Bucs problem.. Get a plethera of bargain basement players real cheap. Well…our records kinda proves this huh? If i were Evans? I would have said, to hell with your restructure..Pay me!

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