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MLFootball reports that the Buccaneers restructured the contract of WR Mike Evans in order to create $17.43 million in cap space.

Jenna Laine adds that the Bucs converted his 2024 $21.79 million roster bonus into a signing bonus.

Evans, 30, is a former first-round pick of the Buccaneers back in 2014. He was in the final year of his four-year, $14.631 million, and set to make a base salary of $690,000 for the 2017 season when he agreed to a five-year, $82.5 million extension that includes $55 million guaranteed in 2018. 

Evans made a base salary of $13 million in the final year of his deal and was set to become an unrestricted free agent when he agreed to a two-year extension worth $52 million.

In 2023, Evans appeared in all 17 games for the Buccaneers and caught 79 passes for 1,255 yards receiving and 13 touchdowns.

This article first appeared on NFLTradeRumors.co and was syndicated with permission.

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