When Derek Anderson signed his one-year contract extension with the Buffalo Bills recently, we assumed it was for the veteran minimum. That figure was confirmed by Mike Rodak of ESPN on Wednesday. Anderson played with a contract for the veteran minimum in 2018, as well.
Under the veteran minimum salary cap benefit, Anderson will be paid $1.03 million plus a $90,000 signing bonus but only count $735,000 against the cap in 2019. It’s a salary cap adjustment designed to keep older players in the league longer by making their cap hit comparable to that of a younger player.