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QB Josh Allen's deal restructured, Bills get $16.7M in cap room

Related Topics: Josh Allen, Buffalo Bills

BUFFALO, N.Y. -- With the league year set to begin in less than two days, the Buffalo Bills continued to create cap space for 2024 by restructuring the contract of quarterback Josh Allen to open $16.7 million for the upcoming season, per ESPN's Field Yates.

Allen was set to account for $47.056 million in cap space this year as part of the six-year contract extension that he signed just prior to the 2021 season. The Bills instead restricted much of his compensation for this year into a signing bonus, and he will now account for $30.