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AP: Moulds rejects Bills' offer to restructure deal


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Moulds rejects Bills' offer to restructure deal

February 27, 2006

Associated Press

BUFFALO, N.Y. -- Eric Moulds rejected the Buffalo Bills' offer Monday for restructuring his hefty contract, a decision that could lead the team to release its veteran star receiver by as early as this week.

"Based on what they're proposing, I guess it's not encouraging," Moulds' agent Harry Henderson told The Associated Press by telephone following a meeting with team officials. "We're way off. ... Our attitude has been optimistic, but realistically it may not happen."

Moulds, a 10-year veteran and the team's senior player, has two years left on his contract, scheduled to count $10.85 million against the salary cap next season. His salary would represent about one-ninth of the projected cap, a figure the Bills deem far too expensive.

Unless a new deal can be reached, the Bills would have little choice but to cut Moulds, which would save the team about $5.5 million in cap room. His release could come as early as this week, prior to the NFL's free-agency period, which is scheduled to open Friday. The Bills declined comment except to confirm that a meeting took place between the team and Moulds' representatives.


Moulds has been a full-time starter since his third season in Buffalo. In 154 games, he has 675 catches for 9,096 yards and 48 touchdowns. Only Andre Reed has more catches (941) and yards (13,095) among Bills receivers.

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