Hyde contract restructured

[Shaw66]

Just now, No_Matter_What said:

Yeah I know. I meant dead cap from void years and restructures of active players. In the end it is kicking down the road. Past years we've made very few of these moves, since we didn't have to. Now we will have to. I fully trust Beane to be smart, it is just an uncharted territory for this regime imo.

I'm amazed whenever I hear from a guy like you, who actually has some understanding of how it all works.  There was a time when I was more interested in and had a better understanding, but I eventually decided I didn't care all that much about it - just hope the people managing the cap for the Bills know what they're doing.   

 

I agree, it's uncharted territory for the Bills, but I think it isn't a mystery to McBeane.  They've been living in cap-world for fifteen years, and they've learned along the way. 

 

I do think it's interesting to see the personnel themes become clear over the years.    Keep acquiring draft capital, and use draft capital to acquire your stars, including Diggs.  Don't buy top talent in free agency.   Keep your good drafted talent (not just your stars, like Allen, but also the second tier guys like Milano.  It's like the objective is to have a core of ten to fifteen guys who are the heart of your team (your stars and your second tier), and continue to add to that core, because some will be leaving.  Then fill out your team with guys who will follow the lead of that core, guys who will come and go but who need to be the right guys to work with the core.   Like Levi Wallace - he was never going to be a core player, but he was a solid contributor.   You know you're going to lose him, because he needs a good payday somewhere along the line, and he isn't your core, so you won't give him the payday.   

 

No surprise, having seen and heard McDermott for several years now, that this is a very disciplined approach.   McDermott believes in it, and he knows that making work requires deep, honest, personal relationships with his players.   He's honest with Wallace about his future, he's honest with Milano, and he's honest with Allen.  It's a system that promises Allen that he's always going to be surrounded by talent, it promises Milano that he can be part of a winning program, and it promises Wallace that he's going to be pushed and trained to be the best player he can be, so that he can earn that payday.  

 

Easier said than done, but I think we're watching it happen. 

[RyanC883]

52 minutes ago, No_Matter_What said:

Right now roughly 45M.

 

https://www.spotrac.com/nfl/buffalo-bills/cap/2023/

 

But it will be less than 15M once all FA contracts, restructures and rookie contracts kick in. Maybe even close to zero. And that will be without Edmunds and hopefully Knox extensions.

 

hopefully Edmunds replacement is drafted.  Don't want to be paying him non-rookie contract money.  Someone will overpay him (looking at you Jacksonville)

[Hapless Bills Fan]

1 hour ago, BuffaloBill said:

 

 

The Bills are creating space to take care of draft choices and in season needs for roster slots.  The current Sportrac numbers suggest the Bills have about $6MM in cap space which is about what they want to carry into the season typically.   What I am actually seeing right now suggests that one of the two following may occur:

 

• Beasley may not be gone this year if nobody takes him via trade
• The Bills release Beasley and sign another player - my guess would be a CB.

 

TBH, I'm not sure the Bills are worried about signing draft choices at this moment. 

It was posted yesterday that they're working to restructure Milano to minimal salary as well, but Spotrac doesn't have that yet.

 

Spotrac shows us as having $8.35 currently including the Hyde restructure

Milano will give us another $4M if that's truly in the works (maybe more if they take it out as far as they took Hyde).

So $12M cap

 

No rumor about Saffold contract except that it's 1 year with a void.  Prior to being released, his contract was $11M AAV.

McKissic is reported as a 2 year, $7M deal but we don't have details yet and agents are all over the place in how deals are reported.

Daquon Jones is reported as 2, $14 million contract, with $10.6 million guaranteed

 

Depending upon how all these are structured and the details (many an inital report of AAV leads to much lower cap hit), it's entirely possible that the ~$12M we're freeing up to restructure, are just to cover our signings.

 

If I were guessing, after FA and the draft, Beane will work to extend Stefon Diggs in a way that lowers his $18M cap hit this season, but Jacksonville is doing us no favors there.

 

As always happy to be corrected if I'm wrong.

 

[Reed83HOF]

1 hour ago, MAJBobby said:

I think it is closer to 4.

 

1st round pick 2.6M (will hit)

2nd round pick 1.1M (will hit) 

3rd round pick 960K (might hit)

4th round pick 900K (likely wont)

 

 

That's what I was figuring

[CountDorkula]

2 minutes ago, Hapless Bills Fan said:

 

TBH, I'm not sure the Bills are worried about signing draft choices at this moment. 

It was posted yesterday that they're working to restructure Milano to minimal salary as well, but Spotrac doesn't have that yet.

 

Spotrac shows us as having $8.35 currently including the Hyde restructure

Milano will give us another $4M if that's truly in the works (maybe more if they take it out as far as they took Hyde).

So $12M cap

 

No rumor about Saffold contract except that it's 1 year with a void.  Prior to being released, his contract was $11M AAV.

McKissic is reported as a 2 year, $7M deal but we don't have details yet and agents are all over the place in how deals are reported.

Daquon Jones is reported as 2, $14 million contract, with $10.6 million guaranteed

 

Depending upon how all these are structured and the details (many an inital report of AAV leads to much lower cap hit), it's entirely possible that the ~$12M we're freeing up to restructure, are just to cover our signings.

 

If I were guessing, after FA and the draft, Beane will work to extend Stefon Diggs in a way that lowers his $18M cap hit this season, but Jacksonville is doing us no favors there.

 

As always happy to be corrected if I'm wrong.

 

From a couple of "Insiders" on twitter, Agents are pointing to the Jax Deals as comparable for their clients and Team reps are telling them to pound sand as they should.

[BrooklynBills]

52 minutes ago, No_Matter_What said:

As far as I understand it any re-signing will not help with those void years.

 

I think any contract can be restructured. Hyde still has 1 "regular" year remaining after this one.  They can simply extend his contract into the future tearing up those "void" years.  It's only locked in if they intend to simply let the contract run out after the 2023 season.

 

I think.

[ColoradoBills]

The little bit of restructuring that Beane is doing will not hurt anything future wise.  I expect some more.

 

One thing I have noticed is just about ALL TEAMS are using "restructure" this year.  I expect that in the NFL GM world

they all got a much better idea than us what the cap is going up to in the next 2 years.

 

Just a comment about teams like the Saints.  Adding too many void years over and over doesn't kick the can down to one future date.

What I mean is they pay for their actions every year.

Last year the Saints had $50M in Dead Cap.  That's $50M they couldn't spend on players.

This year after the dust settles it will be over $30M.  Dead money is the "interest" paid for these moves.

The "bottom line" cap number (plus or minus) can easily be managed but you do end up with a lot less of total money for contracts.

This is not a negotiable opinion, it's a fact.  Saints are the King of Dead Money and IMO Beane will not get into that mode.

 

[DCofNC]

3 hours ago, MAJBobby said:

A

Allens contract wont be touched this year IMO

Yeah, can’t see it for this year either, you want to have that in your back pocket.  I could see them doing something as soon as his new contract really hits, which would “lower” his salary and keep spreading the cap hit down the line if the window to win is open.  Then you are going to extend him anyway after the 6 years so you can add more years and play some more.

[ganesh]

3 hours ago, ChanticleerBillsFan said:

This cap stuff is confusing. All I know is bring us more players! 

and cap hell in a. few years when we have to cut these players.   We better win the SB in the next year or two.  After that we will be rebuilding again around Allen.

[Rocky Landing]

Are we trading for a corner? Looks like most of the high dollar FAs we might have been interested in are going elsewhere. But, Beane has been working tirelessly to free up cap space.

[ArtVandalay]

Cap is crap... these contracts are play doh... easy move free up space. 

 

 

[SlimShady'sSpaceForce]