NFL Free Agency: The 5 worst moves so far

Buffalo Bills sign Charles Clay (five years, $38 million)

Charles Clay is a nice player who gave the Miami Dolphins solid production over the past two seasons, but the Buffalo Bills vastly overpaid for his services.

In 2014, Clay had 58 receptions for 605 yards and three touchdowns. That followed up a 2013 campaign during which he caught 69 passes for 759 yards and six touchdowns. Those are solid numbers, but that doesn’t make him worth the $20 million in guaranteed money Buffalo sent his way.

The 26-year-old Clay endured knee and hamstring injuries in 2014, but still managed to be an effective weapon at times for the Dolphins. The problem is, at 6-foot-3 and 250 pounds, he’s not the kind of imposing, go-to red zone target that can impact every game.

Clay is a guy who needs to be running free and is best as a “move” tight end who can line up in multiple spots.

The Bills guaranteed a ridiculous 52.6 percent of this contract for a guy who is a nice piece, but not a go-to playmaker. With an average annual value of $7.6 million, Clay’s contract makes him the league’s fourth-highest paid tight end. He doesn’t belong on a list with guys like Rob Gronkowski, Jimmy Graham and Antonio Gates.

The Bills may get some solid production out of Clay and he’s really fun to watch at times, but there is zero chance they will get equal value for what they are paying him.

Next: Ndamukong Suh