- ESPN’s Adam Schefter has confirmed the news.
Miami had five days to decide whether or not to match the Bills’ offer, but according to Schefter, they feel strongly about tight ends Jordan Cameron and Dion Sims and didn’t need to think about it any more.
This means that Clay will be a Buffalo Bill and will receive five-year, $38 million deal that includes $20 million guaranteed.
The contract reportedly includes $24.5 million over the first two years of the agreement, as well as a $10 million roster bonus.
Buffalo had taken a few days to see how the Dolphins’ financial situation looked after they signed DT Ndamukong Suh before preparing their offer for Clay. The whole idea was for the Bills to construct and offer sheet that would make it extremely difficult on the Dolphins, and given that Suh’s cap hit will increase substantially in 2016, their offer sheet took advantage of this.
Clay, 25, caught 58 passes for 605 yards receiving and three touchdowns over the course of 14 games. Pro Football Focus has him rated as the No. 14 tight end out of 67 qualifying players.