Back to the Buffalo Bills Newsfeed

Buffalo Bills restructure Josh Allen’s contract for 2024 NFL season, per report

The move many were expecting the Buffalo Bills to make finally happened on Monday evening by way of a restructured contract for quarterback Josh Allen.

Field Yates was first to break the news, sharing that the bulk of Allen’s 2024 compensation has been converted into a signing bonus, thus creating $16.7 million in cap space for the 2024 NFL season.

Per Yates, “Allen’s updated 2024 cap charge is now $30.356M.”

The Bills have restructured the contract of QB Josh Allen, converting much of his 2024 compensation into a signing bonus, creating $16.