Report: Bucs rework Evans' contract to create up to $8.94M in cap space

The Tampa Bay Buccaneers and wide receiver Mike Evans agreed to a contract restructuring to create as much as $8.94 million in cap space, Greg Auman of The Athletic reports.

The Bucs will reportedly turn Evans' $12.25-million base salary into an $11.18-million bonus and a veteran's minimum salary of $1.075 million.

Tampa Bay could either add two void years to the wideout's contract to create $8.94 million in cap savings or spread the bonus over his remaining three years to create $7.45 million, added Auman.

Evans' previous cap hit of $16.64 million was the highest on the Bucs. He's entering the third season of a five-year, $82.5-million extension.

The 28-year-old set an NFL record last season by becoming the first player to record seven consecutive 1,000-yard campaigns to start their career.