Corey Graham Restructures Contract

SATURDAY, 10:05am: ESPN’s Mike Rodak tweets that Graham’s new cap number is worth $4.775MM, resulting in a $600K savings for the franchise. Reversely, after having converted the defensive back’s $500K roster bonus and $700,000 in incentives, the team increased Graham’s 2017 cap hold by $600K (via Rodak). The length and base salary of the new deal remains unchanged.

THURSDAY, 5:04pm: Versatile Bills defensive back Corey Graham agreed to restructure his deal, the team announced on its Twitter account.

Terms of the safety’s adjusted contract have not been disclosed. Graham was owed $6.35MM in base salaries over the final two seasons of his four-year, $16.3MM deal he signed with Buffalo in 2014.

Graham, who moved from cornerback to safety and led the Bills with 122 tackles in 2015, was scheduled to have a $5.375MM cap hold. He’s the latest player to restructure as the 2015 league year winds down. Graham is entering his age-31 season.

Charles Clay did so late last month despite going into only his second year with the team.

The Bills need to carve out at least $13.706MM of their cap after placing the franchise tag on left tackle Cordy Glenn. Buffalo also has resurgent guard Richie Incognito looming as an unrestricted free agent.

The Bills began moving their way toward that figure and then some earlier this week by axing Mario Williams, Anthony Dixon and Kraig Urbik.

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