Bills Restructure Josh Allen's Contract, Freeing $16.7M in Cap Space

The move ensures cap compliance for 2024, allowing the team to focus on free agency and long-term success.

The Buffalo Bills have restructured quarterback Josh Allen's contract, converting a significant portion of his 2024 compensation into a signing bonus, thereby creating $16.7 million in cap space.
This strategic move allows the Bills to become cap compliant for 2024, providing them with the flexibility to pursue free agency signings and retain key players.
The restructure is part of the Bills' broader strategy to manage their salary cap effectively, especially considering the financial constraints imposed by the COVID-19 pandemic.
In addition to Allen's restructure, the Bills have extended contracts for players like Dion Dawkins and A.J. Epenesa, and designated Tre’Davious White for a post-June 1 release to further manage cap space.
The Bills aim to maximize their winning window with Allen while maintaining a healthy cap situation for future seasons, indicating a focus on long-term team building.