The Buffalo Bills have restructured quarterback Josh Allen's contract, converting a significant portion of his 2024 compensation into a signing bonus. This move has created $16.7 million in cap space for the team, with Allen's updated 2024 cap charge now standing at $30.356 million. The restructuring aims to make the Bills cap compliant for the start of the 2024 league year.
The Bills just converted much of QB Josh Allen's 2024 compensation into a signing bonus, per @FieldYates This move clears up $16.7M in 2024 cap space 👀 https://t.co/hDOn39cbxv
Bills restructure contract of QB Josh Allen https://t.co/ZUDZ2Q4q68
Bills have restructured Josh Allens contract converting his 2024 salary into a signing bonus, per @FieldYates They create $16.7M in 2024 cap space with the restructure https://t.co/V6S1f7QlqX
The #Bills converted $14.875M of QB Josh Allen's salary plus a $6M roster bonus into signing bonus, clearing $16.7M of cap space. https://t.co/cSaSOXPhMJ
There's the Josh Allen restructure we all anticipated. Bills should now be cap compliant to begin the 2024 league year. https://t.co/Z9wezKlU3n
There's the Josh Allen restructure we all anticipated. Bills should now be cap compliant to being the 2024 league year. https://t.co/Z9wezKlU3n
The Bills have restructured the contract of QB Josh Allen, converting much of his 2024 compensation into a signing bonus, creating $16.7M in 2024 cap space. Allen's updated 2024 cap charge is now $30.356M.
"Von Miller took a straight pay cut with the restructure of his contract.. It's gonna save the Bills about $8M on the salary cap this year and he'll have the chance to earn that money back in incentives" @SalSports #PMSLive https://t.co/XMQJxgMQvi
Von Miller restructured his contract with the Buffalo Bills #PMSLive https://t.co/VSI3Y3NWqO