For the second time this offseason, Mike Evans and the Tampa Bay Buccaneers have restructured his contract.
This time, it save the Bucs around $3.2 million in cap space, according to the NFL Network’s Tom Pelissero.
The #Bucs have done a simple restructure on star WR Mike Evans’ contract, creating $3.2 million in 2019 cap space. He’s still due $20 million cash this year. They previously restructured in March, too, but only this one for cap reasons.— Tom Pelissero (@TomPelissero) June 18, 2019
There was confusion surrounding the first restructure. ESPN’s Field Yates initially reported that Evans’ restructure would save the Bucs around $2.4 million in cap, but the Athletic’s Greg Auman later debunked that theory.
Cleaning this up: the roster bonus does not create cap relief for Tampa Bay, as @gregauman said. Evans still gets $20M coming his way this season in roster bonus and base salary pay.— Field Yates (@FieldYates) March 29, 2019
According to spotrac.com, Evans will now make $16.8 million in 2019. The Bucs also have around $8.3 million in cap room, good for 23rd in the NFL.
Evans is coming off of a Pro Bowl season in which he recorded 86 receptions for 1,524 yards and eight touchdowns. The 1,524 yards and 17.7 yards per reception career-highs and he supplanted Mark Carrier as the franchise’s all-time leader in reception yards in the final week of 2018. He also became the youngest receiver ever to reach 1,000 yards in his first five seasons.
It’s pretty apparent that Evans is worth every penny, so the restructure only gives folks more reason to love the stalwart wide receiver.