Report: Clay signs Bills’ offer sheet

ORCHARD PARK, N.Y. (WIVB) – The Bills finally got tight end Charles Clay to sign an offer sheet, according to multiple reports Tuesday night.

The Miami tight end, designated as the Dolphins’ transition player, signed a five-year, $38 million offer sheet with $20 million guaranteed, according to the Buffalo News.

Miami has five days to match the offer, or Clay will officially join the Bills.

The structure of Buffalo’s offer is the key here, since they had to craft a deal the Dolphins would not want to match. That is the main reason this process is taking so long, after word of the team’s interest in Clay first came out near the start of free agency.

Clay’s offer sheet is reportedly heavily front-loaded, which puts pressure on Miami and potentially could pave the way to him joining the Bills.

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