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ORCHARD PARK, NEW YORK - OCTOBER 31: Stefon Diggs #14 of the Buffalo Bills warms up before the game against the Miami Dolphins at Highmark Stadium on October 31, 2021 in Orchard Park, New York. Timothy T Ludwig/Getty Images/AFP (Photo by Timothy T Ludwig / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

The Buffalo Bills and wide receiver Stefon Diggs reportedly agreed to a $104 million, four-year contract extension with $70 million guaranteed, ESPN Senior NFL Insider Adam Schefter reported Wednesday.

Diggs will now be with the Bills for another six seasons.

https://twitter.com/AdamSchefter/status/1511665771335897095

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The 28-year-old receiver has four consecutive seasons with at least 1,000 receiving yards, and he’s been even better through two seasons with the Bills, totaling 230 receptions for 2,760 yards and 18 touchdowns.

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Additionally, it can’t be ignored how important Diggs has been for the growth and development of franchise quarterback Josh Allen. Allen is currently the favorite to win the 2022 MVP Award at most sportsbooks.

With the Bills already the betting favorite to win Super Bowl LVII, Diggs contract extension isn’t a needle mover for Buffalo’s odds at sportsbooks. After all, he was already under contract for the 2022 season.

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However, there’s now additional security for both Diggs and Buffalo. While hard to quantify how looming contract negotiations can impact on-field play and team chemistry, the Bills and their star receiver ensured there won’t be any off-field drama between them for the foreseeable future.

Bills Mafia is just hoping the organization still has enough money to keep burgeoning star and fan favorite receiver Gabriel Davis.

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It’s definitely worth noting the difference in odds available. Caesars Sportsbook is offering the best number on Buffalo to win the Super Bowl, and Allen to win the MVP Award. However, FanDuel Sportsbook has the best odds for Diggs to win the MVP.Make sure to keep an eye on our Live Odds page throughout the week to get the best lines possible and connect with others in the SBR community on our popular sports betting forum.