The wide receiver has 32 catches for 475 yards and two touchdowns this year. The Panthers had picked up the fifth-year option on Benjamin, making his cap hit next year $8.459 million next season if the Bills choose to keep him.
The Bills are very familiar with Benjamin under new coach Sean McDermott and general manager Brandon Beane.
Benjamin, 26, brings a welcome size element and physical presence to Buffalo's receiving corps at 6-5 and 245 pounds. The two worked in the Panthers organization before joining the Bills and assuming the task of fixing a franchise that appeared to be in disarray.
The Bills decided they were going to be buyers for the second half of the 2017 season. The Bills, who are a surprising 5-2 and just a half-game behind New England in the AFC East, now have another weapon for Tyrod Taylor. In exchange, the Panthers receive a third- and a seventh-round pick. He missed the 2015 season after tearing his ACL prior to the regular season. An MRI revealed no structural damage and he returned the following week.
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Benjamin had over 1000 yards his rookie year along with nine touchdowns.
Benjamin will have a chance to prove he's a true No. 1 wideout with Tyrod Taylor and the Bills, who are struggling something terrible in the passing game.
As for the Panthers, wide receiver Devin Funchess now becomes their number one receiver.