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Bills sign TE Charles Clay after Dolphins choose not to match offer

Dolphins don't match Bills offer for tight end Charles Clay 
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The Buffalo Bills officially announced the signing of tight end Charles Clay on Thursday after the Miami Dolphins chose not to match the Bills' reported five-year, $38 million dollar offer sheet.

Pro Football Talk reported earlier in the day that the Dolphins wouldn't match the offer. The deal comes with $20 million in guarantees.

[daily_cut.nfl]

The Dolphins placed the transition tag on Clay, making him a restricted free agent and Miami had five days to match Buffalo’s offer.

Clay, 26, will reportedly receive $24.5 million in first two years of the deal.

Buffalo has made a flurry of moves on the offensive end this offseason, trading for quarterback Matt Cassel, running back LeSean McCoy and signing wide receiver Percy Harvin.

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Clay had 58 receptions for 605 yards and three touchdowns last season.

Buffalo’s offense ranked 26th in the NFL in 2014, with the four tight ends on their roster catching 69 passes for 715 yards.

- Scooby Axson