The Bucs got a veteran wideout for low cost.
The Tampa Bay Buccaneers have been adding to their wide receivers room lately, and they just landed a veteran who has history with Baker Mayfield.
The Bucs signed former New York Giants wideout Sterling Shepard on Thursday, bringing in another player to a bit of a crowded room. Tampa Bay also signed former Seahawks wideout Cody Thompson, but unlike Thompson, Shepard has had a lot of experience in the NFL over eight seasons.As reported by FOX Sports' Greg Auman, Shepard will be on what is called a Veteran Salary Benefit contract, or a VSB for short. With this, he'll make $1.
It's a veteran salary benefit contract for Sterling Shepard, so the veteran minimum salary at $1.21 million and at most a $167,500 bonus. Good experience and a low-risk signing to add experience at the position.The VSB also benefits the Bucs, too. A VSB contract is a special contract that can be given to players with at least four years of credited NFL experience — Shepard has eight, so his contract is worth the base value for a player with eight credited seasons, which is $1.21 million.
However, a VSB contract allows a team to count the contract toward the salary cap as if it were just two seasons, meaning that his contract will only count for $985,000, per. This helps both Shepard and the Bucs — Shepard gets some extra money and the Bucs get to keep him for a lower number on the 2024 salary cap.
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