Josh Allen’s contract renegotiation helps the Bills overcome the cap-space obstacle.
Following a protracted road that saw the release of numerous prominent senior players, the Buffalo Bills are now officially 2024 cap compliant.
According to a report from ESPN’s Field Yates, the organization made its one and only cap-clearing move on Monday night, reorganizing the franchise quarterback Josh Allen’s enormous salary charge into a far more manageable amount to handle offseason business.
The Bills implemented a straightforward reorganization, converting the great bulk of the funds due to Allen this year into a prorated signing bonus for the remaining five years of his contract. Prior to the transfer, Allen’s $47.1 million salary cap hit represented an astounding 18.4% of the team’s 2024 salary ceiling. Previously, according to Over The Cap, it was the seventh-largest cap hit in the NFL.
Despite having recently suffered a ruptured Achilles tendon, Kirk Cousins was the main attraction on the quarterback carousel. He ultimately decided to play in Minnesota and Atlanta from 2018 to 23. A league source stated that the Broncos probably would have become involved if either of those choices had failed and the money proposals had collapsed.
Reduced offers, however, didn’t stop the Falcons and Vikings from making strong runs at Cousins, who will receive a guaranteed $90 million over the first two years of the contract. Cousins has previously met new Falcons coach Raheem Morris in Washington, and the quarterback should pick up the offensive coordinator position quickly under Zac Robinson, whose values align with those of Vikings coach Kevin O’Connell from their time together with the Rams.
With Cousins joining the team, the Falcons, who have been building a stronger roster recently, should be able to challenge for the NFC South championship and a postseason berth. Their offensive line is becoming better, their running game is potent, and they have appealing pass catchers in Drake London and Kyle Pitts.
For Cousins, who will turn 36 at the beginning of the upcoming season, it was the ideal combination.
The Vikings made an effort to retain Cousins, but they were unable to make the same financial commitment because they understood how crucial it was to prepare for the position’s future. Thus, everything came together for Cousins when the Falcons made their offer, taking into account the allure of the team and coaching staff.
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