Bills Cap Status - Approx $4.25 under cap 4/03/2024 (added roster change summary)

[Snappysnackcakes]

26 minutes ago, Buffalo03 said:

Not an extension. A restructure. The team doesn't need Allen's permission to do that. They can just simply convert his money to a signing bonus. He doesn't have to agree to it. That's why it's strange to me this hasn't been done yet

Thank you for the clarification. I was not aware of this. 

[jahnyc]

At this point, to field a competitive team, the Bills will need to restructure Allen and probably others.  It is weird that the Allen restructure has not happened yet.  Is it possible that they are working on an extension of his current contract?

[Warriorspikes51]

Anyone remember last year when we were “right up against it” and kept signing players

[SoonerBillsFan]

1 hour ago, Buffalo03 said:

He would get the money more upfront. And it would save us cap space. Why would he care?

He wants to win.  He has money.  

[Buffalo03]

3 minutes ago, SoonerBillsFan said:

He wants to win.  He has money.  

Correct. But his restructure would open up more space to possibly make all that happen.  And because he has money, he would decline millions more upfront while opening up more cap space so the team can do what it can to give him the team he wants?

Edited March 9 by Buffalo03

[SoonerBillsFan]

2 minutes ago, Buffalo03 said:

Correct. But his restructure would open up more space to possibly make all that happen.  And because he has money, he would decline millions more upfront while opening up more cap space so the team can do what it can to give him the team he wants?

As I said,if I'm him the only way I do it is if we come to agreements, like #28 is a WR no matter what and we sign somone at WR worth a damn in FA.

 

 

[Buffalo03]

2 minutes ago, SoonerBillsFan said:

As I said,if I'm him the only way I do it is if we come to agreements, like #28 is a WR no matter what and we sign somone at WR worth a damn in FA.

 

 

Ok but again, he would be leaving his team cash strapped and prolonging getting his money until later. It makes no sense. Restructuring Allen doesn't hurt him whatsoever, it helps him and the team right now. So him playing hardball over it would literally make no sense and they don't need his permission to do it 

Edited March 9 by Buffalo03

[falgobofu]

A question I always wondered, if they get restructured do they lose more to taxes because of a lump sum? Then I could see a reluctance to get a restructure.

[78thealltimegreat]

1 hour ago, jahnyc said:

At this point, to field a competitive team, the Bills will need to restructure Allen and probably others.  It is weird that the Allen restructure has not happened yet.  Is it possible that they are working on an extension of his current contract?

He’s signed through 28 which would make him 32 at the end of the current deal so adding a few more years till he’s 35 isn’t the worst idea.

One other thing since he signed his last deal he has become one of the faces of the nfl and his current girlfriend is one of the biggest young actresses in Hollywood so maybe he pulls a Brady and gives us a hometown discount. 

Edited March 9 by 78thealltimegreat

[No_Matter_What]

17 hours ago, Tuco said:

Are you talking about the $1,293,000 figures that are listed each year from 2023-2026? The ones that say "restructure" above them? That's what it is. It was salary that was turned into bonus in 2023 and spread out over the years until 2026. Yes it was supposed to be dead cap, but that was only if the contract voided and accelerated all that cap to 2024.

 

And yes the new cap kept the contract from voiding so those figures never became actual dead cap. But they're still real figures. Instead of becoming dead cap after the contract would void, the contract years became real years and the prorated restructure charges just stayed where they were - $1,293,000 each year through 2026.

 

They're not phantom numbers. It's a real charge to the cap. But it never became actual "dead cap" because dead cap is a cap charge for a player who's no longer under contract. Since he's still under contract those figures just stayed where they always were - prorated cap charge for the 2023 restructure.

 

When we see a dead cap charge on Spotrac for a player who's actually still under contract, that isn't really a dead cap figure yet. It's just Spotrac listing the figure as dead cap because that's what's expected to happen when a contract with void years actually voids. If a new contract is reached and the void years don't void, the dead cap charge doesn't disappear in real life because it was never there as dead cap in real life. It just disappears off Spotrac because they were listing it as dead cap even though it technically wasn't yet.

Thanks a lot, but I don't think we understood each other. I knew everything what you wrote (at least I think so haha), but my question was slightly different.

 

Pls look at Sportrac again, there are two "Matt Milanos" out there in both 2025 and 2026. In 2025, he has "regular" cap hit of $16,122,000 and dead cap of $2,586,000 in orange.

 

And what I say is that I think that orange line with dead cap shouldn't be there, since it is already included in his actual cap hit of $16M (or to be exact, $1,293,000 is included in cap hit in 2025 and other $1,293,000 in 2026).

 

My question is if this is right, i.e. if Sportrac really has it wrong and the other Milano line shouldn't be there (making our 2025 cap situation better than it shows). My understanding is that you actually implicitly confirmed it above, but want to make sure.

Edited March 9 by No_Matter_What

[Tuco]

1 hour ago, No_Matter_What said:

Thanks a lot, but I don't think we understood each other. I knew everything what you wrote (at least I think so haha), but my question was slightly different.

 

Pls look at Sportrac again, there are two "Matt Milanos" out there in both 2025 and 2026. In 2025, he has "regular" cap hit of $16,122,000 and dead cap of $2,586,000 in orange.

 

And what I say is that I think that orange line with dead cap shouldn't be there, since it is already included in his actual cap hit of $16M (or to be exact, $1,293,000 is included in cap hit in 2025 and other $1,293,000 in 2026).

 

My question is if this is right, i.e. if Sportrac really has it wrong and the other Milano line shouldn't be there (making our 2025 cap situation better than it shows). My understanding is that you actually implicitly confirmed it above, but want to make sure.

Yes, you are right. So right in fact I believe somebody from Spotrac must have seen your post and fixed it because none of those numbers are even there anymore.  Good job.

[TBBills Fan]

2 hours ago, falgobofu said:

A question I always wondered, if they get restructured do they lose more to taxes because of a lump sum? Then I could see a reluctance to get a restructure.

 

Depends on the structure. Plus at his tax bracket it may not matter. 

 

 

As a commission based sales guy, I am aware commission is taxed higher. For example, if you are paid commission bi weekly and you have a good week and get a 10k check, they tax it as if every check is 10k.  So you take a bigger hit the weeks you do really well. It evens out on your return though 

 

The more I think about it, I'm sure Josh has a premium accountant that makes sure the money flows right.  At his numbers it's a must. 

 

The more I think about it, I'm gonna lean toward it doesn't make a difference at his numbers.  

[No_Matter_What]

36 minutes ago, Tuco said:

Yes, you are right. So right in fact I believe somebody from Spotrac must have seen your post and fixed it because none of those numbers are even there anymore.  Good job.

Now you got me confused  It's still there.

 

 

[Aussie Joe]

10 hours ago, SoonerBillsFan said:

We are going in the wrong direction lol.  We went from 12 to 14 million overnight.

 

Beane should be making some moves today.

 Nothing so far…and tomorrow is Sunday 

[SoonerBillsFan]

1 minute ago, Aussie Joe said:

 Nothing so far…and tomorrow is Sunday 

And tomorrow is the 1st day of legal tampering.  Maybe Dions tweet has something to it. If his agent wants top 5 LT money I can see Beane trading him

[Ya Digg?]

52 minutes ago, SoonerBillsFan said:

And tomorrow is the 1st day of legal tampering.  Maybe Dions tweet has something to it. If his agent wants top 5 LT money I can see Beane trading him

Monday at noon is the first day. They will restructure Josh and it seems as though Dion is probably getting something as well 

[akcash]

Any chance we don’t restructure Allen and take our medicine this year?

 

I heard either this year or next year we will have to go without restructuring and it’s our choice.

Edited March 10 by akcash

[Warriorspikes51]

2 minutes ago, akcash said:

Any chance we don’t restructure Allen and take our medicine this year?

 

I heard either this year or next year we will have to go without restructuring and it’s our choice.

I believe we may look to extend him

[4merper4mer]

4 hours ago, Aussie Joe said:

 Nothing so far…and tomorrow is Sunday 

When are teams required to be at or under the cap?  Is it tomorrow?

[Aussie Joe]

10 minutes ago, 4merper4mer said:

When are teams required to be at or under the cap?  Is it tomorrow?

No - Wednesday 4 pm