Josh Allen restructured

[Aussie Joe]

 

Keep reading on here where? 

[GunnerBill]

Yea he has. But they didn't kick the max they could. So there is still a bit of an opportunity to squeeze a bit more if we want to. 

[Matt_In_NH]

Yes.   They did not take as much as they could have cap wise this year.   It’s time to start paying the bill

[SoonerBillsFan]

We may need to as the 5th year option for Groot is 13 mill I think. 

[BuffaloBillyG]

6 minutes ago, SoonerBillsFan said:

We may need to as the 5th year option for Groot is 13 mill I think. 

Unless I'm mistaken I don't believe any of the 5th year option money hits until next year.

[SoonerBillsFan]

1 minute ago, BuffaloBillyG said:

Unless I'm mistaken I don't believe any of the 5th year option money hits until next year.

That's right. I haven't even finished my 1st cup of coffee lol

[GunnerBill]

2 hours ago, SoonerBillsFan said:

We may need to as the 5th year option for Groot is 13 mill I think. 

 

At $13m my plan would be have him play on the option unless he balls out this year. I'm open to the Tremaine approach with him of let him play on the option then move on and take the comp pick. 

[uticaclub]

2 hours ago, GunnerBill said:

Yea he has. But they didn't kick the max they could. So there is still a bit of an opportunity to squeeze a bit more if we want to. 

I don't think you can restructure twice in one offseason

[GunnerBill]

28 minutes ago, uticaclub said:

I don't think you can restructure twice in one offseason

 

I actually don't know the answer to that. In theory I can't see why you couldn't but there may be a rule against it. 

[DrDawkinstein]

1 hour ago, GunnerBill said:

 

At $13m my plan would be have him play on the option unless he balls out this year. I'm open to the Tremaine approach with him of let him play on the option then move on and take the comp pick. 

 

I think we can get him back on a Milano/Oliver/White type of contract where they make pretty good money, but it's a very team friendly deal.

 

I havent thought far enough ahead to know what those numbers might look like, but Beane has done a good job of getting our guys to re-sign at reasonable prices.

 

Rousseau would seem like he's in that group considering he has been good but not great.

[Virgil]

On 3/12/2024 at 9:46 AM, ColoradoBills said:

 

I know a Josh signing an extension next year seems to be the talk on the board, but I don't see why it needs to be.

He is signed through the 2028 season with a current cap hit that year of $45M.

Beane could easily just restructure $20M or so again next year.

 

I see Josh getting the extension at the end of the 2026 season.  He would have $15M-$20M in void year money then.

That's a good time for a new contract.  Heck, Mahomes already has way more than that at the end of his contract.

 

I see what you're saying, but you also need to take care of your own.  Josh is now severely underpaid on the market and I think they need to give him a new deal after this season.  He is easily the face of the franchise and we are nothing without him.  He's barely been in the top 10 for his position and making 13 mil less per year that the top guys.  As fans and the owners, we should not want him to have that deal.

 

Edited April 30 by Virgil

[HappyDays]

4 hours ago, GunnerBill said:

Yea he has. But they didn't kick the max they could. So there is still a bit of an opportunity to squeeze a bit more if we want to. 

 

I'm not sure about. The restructure was more complicated than what we're used to:

 

https://overthecap.com/inside-josh-allens-restructured-contract-with-the-bills

 

I don't quite understand all the particulars, but we didn't just reduce his cap hit this year while increasing cap hits in each successive year of his contract like most restructures. We instead did it in a way that lowered his cap hit both this year and in 2025, and OTC thinks it sets the stage for an extension in 2027.

[Starr Almighty]

29 minutes ago, Virgil said:

 

I see what you're saying, but you also need to take care of your own.  Josh is now severely underpaid on the market and I think they need to give him a new deal after this season.  He is easily the face of the franchise and we are nothing without him.  He's barely been in the top 10 for his position and making 13 mil less per year that the top guys.  As fans and the owners, we should not want him to have that deal.

 

He's makes 2 less than Pat and they both signed their deals alot closer to one another than the new deals this season 

[GunnerBill]

5 minutes ago, HappyDays said:

 

I'm not sure about. The restructure was more complicated than what we're used to:

 

https://overthecap.com/inside-josh-allens-restructured-contract-with-the-bills

 

I don't quite understand all the particulars, but we didn't just reduce his cap hit this year while increasing cap hits in each successive year of his contract like most restructures. We instead did it in a way that lowered his cap hit both this year and in 2025, and OTC thinks it sets the stage for an extension in 2027.

 

There is still money they could kick. They don't want to kick it. And the reasons why are pretty well explained in that article. They want to allow themselves flex to keep moving money around to keep the cash number Josh gets each year up there in value who will stop him hankering after a new deal with a higher overall AAV. Because while the AAV matters the day you sign the deal it doesn't matter after that. What matters is what you are getting cash terms year on year and I made this point earlier in the offseason when people started talking about needing to extend him. Josh may now be way down the list on AAV but he remains top 3 or 4 each year on cash based on the moves the Bills keep making with his deal. 

[Virgil]

 

9 minutes ago, Starr Almighty said:

He's makes 2 less than Pat and they both signed their deals alot closer to one another than the new deals this season 

 

Yes, Pat and Josh being 8th and 9th on this list should be adjusted after this season.  

[GunnerBill]

37 minutes ago, Virgil said:

 

I see what you're saying, but you also need to take care of your own.  Josh is now severely underpaid on the market and I think they need to give him a new deal after this season.  He is easily the face of the franchise and we are nothing without him.  He's barely been in the top 10 for his position and making 13 mil less per year that the top guys.  As fans and the owners, we should not want him to have that deal.

 

 

See my reply to @HappyDays and the OTC link he provided. Josh is "making" top 3 or 4 money each year. AAV is AAV. It matters when you sign the deal and your agent can tweet out "best paid QB ever" etc. But year on year what matters is the money the Bills are actually paying him. While that money keeps being top 3 or 4 every year the less incentive there is for him to seek an extension.  

Just now, Virgil said:

 

 

Yes, Pat and Josh being 8th and 9th on this list should be adjusted after this season.  

 

They are 8th and 9th in AAV. They are both top 3 in cash paid in 2024.

[Captain Hindsight]

3 minutes ago, Virgil said:

 

 

Yes, Pat and Josh being 8th and 9th on this list should be adjusted after this season.  

I think there the owners are getting ready to reset the QB market. I believe its why Tua and Dak haven't gotten new deals yet. Owners know those guys aren't the best at their position, so they shouldn't pay them as such. I'm very interested to watch those deals come out  

[Virgil]

7 minutes ago, GunnerBill said:

They are 8th and 9th in AAV. They are both top 3 in cash paid in 2024.

 

But is that only because they keep restructuring every year into bonus money?

[GunnerBill]

Just now, Virgil said:

 

But is that only because they keep restructuring every year into bonus money?

 

They keep moving money around the deals. It isn't quite as straightforward as simple restructures as the OTC post explains. But they keep making sure their guys are getting cash in their pockets because that is what the players care about much more so than AAV once the deal is signed. OTC predicts 2027 for a new Josh Allen deal. I might go a year earlier.... 2026 is the sweet spot IMO. 

[Mango]

23 minutes ago, Virgil said:

 

 

Yes, Pat and Josh being 8th and 9th on this list should be adjusted after this season.  

 

Mahomes is signed through 2031/37 years old. How is "should he be adjusted" lol. 

@GunnerBill eluded to it here as well, but Allen will be amongst the highest cap hits in the league going forward, he still has one of the top 5 richest overall deals in the league right now, and is very high on the list in cash. The Bills and Allen seem to be operating at a reasonably fair value for both parties at the moment. 

Allen has some big cap numbers coming up, I thought he might be an extension candidate this year to start to kick that number down the road a bit further. But otherwise his pay is fine reasonably fair for everybody. 

We will see what happens with the cap, but I think the QB number will start to come down in the next couple years. I think the league will feel a little snakebitten by Russ, Watson, etc. and I am not sure Philly or LAC will feel like they are getting value from Hurts/Herbert. Not that they will start paying guys $30M AAV rather they will stabilize relative to to cap%.