2024 salary cap for the Buffalo Bills: What we would do to make room…
I’ve gone over a number of ideas with the Buffalo Bills over the last few weeks regarding how they might free up salary cap room in 2024. I’m writing an opinion piece today, but I’ll list all of those stories here in a moment so you can go back and review. If I were Brandon Beane, the general manager of the Bills, I would act as follows.
The NFL considers the Top 51 cap hits towards the salary cap amount during the offseason in order to reset the regulations. When regular season rolls around, that number rises to all 53 contracts plus injured reserve plus practice squad.
According to Spotrac, the Bills currently have $41.4 million more cap room than the Top 51 and $43.7 million more than the whole cap space. In addition, the Bills will require $6 million in cap space in order to sign their draft selections. The Bills must effectively clear $47.4 million in salary space using Their Top 51 contracts in order to be in compliance; they must clear considerably more if they choose to sign free agents.
Reorganise QB Josh Allen adds $22 million to the cap in 2024.
The Bills can free up a tonne of space by turning most of Allen’s base salary and roster bonus into a signing bonus and prorating it over five years. This is the biggest no-brainer of the summer. You don’t have to worry about the dead cap because, at 28, Allen is not going anywhere anytime soon, therefore it gets them halfway to their cap compliance.
Restructure QB Josh Allen raises the cap in 2024 by $22 million.
By prorating the majority of Allen’s base salary and roster bonus over five years as a signing bonus, the Bills will be able to make a tonne of space available. This is the summer’s biggest no-brainer. Since Allen, who is 28, is not planning on leaving anytime soon, you don’t need to worry about the dead cap; this puts them halfway towards compliance with the cap.
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