The Bills had to engage in major cap surgery this week, trimming $37 million of 2024 dollars in one day. There are plenty of reasons for it.
Here’s a big one. The cap bill for quarterback Josh Allen’s contract is starting to come due.
His six-year, $258 million extension was structured to keep the cap charges low in 2021 through 2023: $10.2 million, $16.3 million, $18.6 million.
This year, it skyrockets to $47 million. Next year, the cap number moves to $56.5 million.
The Bills can always restructure the deal, kicking the cap can even deeper into the future. At some point, however, they’ll also need to re-do the contract.
Josh Allen's cap number skyrockets in 2024 - NBC Sports