Josh Allen: Contract extended through 2028

[GoBills!]

Great deal for both sides allows a second big contract and a way out god forbid something happens and it doesn’t work out. 

[HappyDays]

Cap hit breakdown:

 

 

[Chaos]

1 hour ago, BUFFALOBART said:

Josh could incorporate in NYS. Corporations are 'people', right?

An astute corporate accountant, could make a significant part of Josh's NYS tax liability, go away.

People really think they understand things they don't. 

[Rochesterfan]

10 minutes ago, HappyDays said:

Cap hit breakdown:

 

 

 

Nice - exactly as I suspected it actually saves them about 8 million next year.

 

I would also guess - like the Mahomes deal - his 27 million base salary in 2023 would be able to be converted to a signing bonus prior to the year allowing about 20 million to get freed up in 2023 if needed.  
 

All depending on when the cap explodes with the new contracts - which we should see the massive jump after the 2023 season as the TV contracts go into effect for 2023.

 

The deal gets better and better for flexibility and adding/keeping FAs.

Edited August 7, 2021 by Rochesterfan

[Old Coot]

1 hour ago, Albany,n.y. said:

Meanwhile, the Jets plan is to draft a new QB with a top 5 pick every few years and never have to give him a 2nd contract at big $ and give their fans bragging rights to a lot of cap space going into each offseason.  

 

Shrewd paln.  What could possibly go wrong.

[PrimeTime101]

6 hours ago, Hapless Bills Fan said:

 

This part surprises me.

 

 

You see?

yea.. Its just not true... Ravens fans clearly believe Lamar is better.. Lamar is a system player that needs to be in a solid system to run as much as he does.. Put Josh in about any system and I think he will be one hell of a QB For that system. That is what makes Josh better.. That and Josh's ceiling is WAY WAY higher... still have not seen the full potential of Josh... Lamar has clearly had a drop in numbers last year.. And I think .. might be a hot take... Lamar's base is somewhere between last year and his MVP year.. That makes Josh better. But again to your point.. your right on in your original "surprise" quote

[Malazan]

1 hour ago, BUFFALOBART said:

Josh could incorporate in NYS. Corporations are 'people', right?

An astute corporate accountant, could make a significant part of Josh's NYS tax liability, go away.

 

30 minutes ago, Chaos said:

People really think they understand things they don't. 

 

I couldn't speak to whether that's possible. The only thing I know about is players have to pay income taxes for the state's that they 'work' in..

 

However, I'm a firm believe in the power of corruption. If this was possible, I am sure it would have been done already. 

 

Seems like @Chaos might know more

[Mat68]

7 minutes ago, PrimeTime101 said:

yea.. Its just not true... Ravens fans clearly believe Lamar is better.. Lamar is a system player that needs to be in a solid system to run as much as he does.. Put Josh in about any system and I think he will be one hell of a QB For that system. That is what makes Josh better.. That and Josh's ceiling is WAY WAY higher... still have not seen the full potential of Josh... Lamar has clearly had a drop in numbers last year.. And I think .. might be a hot take... Lamar's base is somewhere between last year and his MVP year.. That makes Josh better. But again to your point.. your right on in your original "surprise" quote

The Ravens are not the same.  Lamar first was set up with an out that he didnt employ an agent.  I think he is too reliable on running.  Good/ great wr are not coming to run block on first down.

[beerme1]

I'm lovin it. Yet, I wonder what would have happened if Doug Whaley was our GM during this time? Scary thought lol

Cheers Beane and Josh! Thank You both!

[97bills]

2 hours ago, Albany,n.y. said:

They just don't get it.  The Bills have their core players locked up through at least the 2022 season & Josh's cap number went down by $6.7 million dollars in 2022.  So now if they started the day with less than a million they now have over $7 million in cap room with the new contract, and that's before they rework Edmund's contract if they extend him beyond his 5th year option & lower his 2022 cap hit from it's current projected $12.7 million.   Here's why: Josh will get paid over $46.5 million next year in real $, but $42 million of it is in a fully guaranteed roster option.  Since the $42 million is amortized over 5 years it adds (rounded) $8.5 million to next year's cap .  His base salary, which was $23.1 million has been dropped to $4.1 million.  Add in this year's $16,500,000 signing bonus divided by 5 years to get another $3.3 million & $500 k workout bonus & his cap number is $16.38 million. So his cap hit goes from (unrounded) $23,106,000 to $16,380,000, a cap savings of $6,726,000 even though Josh will more than double in real cash what his 5th year option would have paid next year with no extension. 

 

Meanwhile, the Jets plan is to draft a new QB with a top 5 pick every few years and never have to give him a 2nd contract at big $ and give their fans bragging rights to a lot of cap space going into each offseason.  

 

Here's a link to Josh's cap hits every year of the new contract if you want to see the numbers in a chart:  https://www.spotrac.com/nfl/buffalo-bills/josh-allen-25102/  

 

This is what fans say that don’t have a QB. They no there in trouble for the next 15 years dealing with Allen but what are they going to say we drafted the wrong guy in 18. 

[ganesh]

1 hour ago, 1ManRaid said:

 

The problem is Lamar is one dimensional.  When that one dimension on a QB isn't "good at throwing the football", they end up a regular season hero.  There's ways to lock him down like the Bills and Titans have shown.  Gimmick offenses don't thrive against playoff defenses.

36 TDs in 2019 and. 26 TD in 2020 doesn't sound one-dimensional.   

Both the Ravens and Bills offense scored  3 and 10 points respectively in the Divisional round....Defense tightens up in the playoffs

[Sammy Watkins' Rib]

59 minutes ago, PrimeTime101 said:

yea.. Its just not true... Ravens fans clearly believe Lamar is better.. Lamar is a system player that needs to be in a solid system to run as much as he does.. Put Josh in about any system and I think he will be one hell of a QB For that system. That is what makes Josh better.. That and Josh's ceiling is WAY WAY higher... still have not seen the full potential of Josh... Lamar has clearly had a drop in numbers last year.. And I think .. might be a hot take... Lamar's base is somewhere between last year and his MVP year.. That makes Josh better. But again to your point.. your right on in your original "surprise" quote

 

The lamest reason why I hear Lamar deserves more money than Allen is that Lamar has an MVP and Allen does not. I mean if the Packers spark a fire under Rodgers ass one season earlier in 2019 instead of 2020 we are probably talking about Lamar as runner up in 2019 and Allen being MVP in 2020. 

 

That said, Lamar has been everything you could have hoped for and then some if you are the Ravens IMO. So if I am in Lamar's camp I say get all you can get. Helps too that it would be much harder for the Ravens to move on from Lamar seeing how they have built and entire offense around his skill set. 

[Sammy Watkins' Rib]

9 minutes ago, ganesh said:

Both the Ravens and Bills offense scored  3 and 10 points respectively in the Divisional round....Defense tightens up in the playoffs

 

Weather played a major factor. Kickers on both teams missed two FG's each on kicks inside 40-45 yards. Gimmies essentially. And one of those kickers is considered the GOAT of kicking. When stuff like that happens in the kicking game on short kicks you know the weather is also having an impact on the passing game. 

 

At the goal line, Allen had a TD go through the hands of Gabe Davis. Lamar through a pick six directly into the bread basket of Taron Johnson.

[Sherlock Holmes]

What happens if Josh Allen busts?

[PrimeTime101]

1 hour ago, Sammy Watkins' Rib said:

 

The lamest reason why I hear Lamar deserves more money than Allen is that Lamar has an MVP and Allen does not. I mean if the Packers spark a fire under Rodgers ass one season earlier in 2019 instead of 2020 we are probably talking about Lamar as runner up in 2019 and Allen being MVP in 2020. 

 

That said, Lamar has been everything you could have hoped for and then some if you are the Ravens IMO. So if I am in Lamar's camp I say get all you can get. Helps too that it would be much harder for the Ravens to move on from Lamar seeing how they have built and entire offense around his skill set. 

NFL means Not For Long. Look at what Lamar did last year... Lamar reached his ceiling..  somewhere between his mvp season and last season .. It went by stats Allen had way better stats total then Lamar did his mvp season This is a passing QB league not a rushing QB league.

2 hours ago, Mat68 said:

The Ravens are not the same.  Lamar first was set up with an out that he didnt employ an agent.  I think he is too reliable on running.  Good/ great wr are not coming to run block on first down.

care to say the bolded in an English sentence cause none of this makes sense

[Protocal69]

2 hours ago, ganesh said:

36 TDs in 2019 and. 26 TD in 2020 doesn't sound one-dimensional.   

Both the Ravens and Bills offense scored  3 and 10 points respectively in the Divisional round....Defense tightens up in the playoffs

But he is career 58% passer in the playoffs. How you win MVP and still get steamrolled in the playoffs. How you got 26 TDs but your team is last in passing. Something does add up 

[JoPoy88]

50 minutes ago, Protocal69 said:

But he is career 58% passer in the playoffs. How you win MVP and still get steamrolled in the playoffs. How you got 26 TDs but your team is last in passing. Something does add up 

what doesn’t add up? Playoff numbers/results don’t factor into MVP voting. 

[Doc Brown]

43 minutes ago, Protocal69 said:

But he is career 58% passer in the playoffs. How you win MVP and still get steamrolled in the playoffs. How you got 26 TDs but your team is last in passing. Something does add up 

Such an odd post.  MVP is a regular season stat.  His real value is his running ability as he's put up back to back 1,000 yard rushing season.  He's won a playoff game so he has that monkey off his back.  Now, get him a new offensive coordinator and continue to upgrade his WR options.

[Norcalbillsfan]

9 hours ago, snowbelt_subie said:

 

there has to be an end somewhere if it really gets to a point that paying a QB will make you so cap strapped that you cant compete.  some team will come up with a way to build a beast of a team and cycle drafted Qb's on rookie deals and then let them walk.

I mean if someone finds a way to cycle rookie qbs and win in the passing league that is the nfl by all means sign me up. But until then we have to pay the Allen's and the mahomes a boat load of money.

5 hours ago, beerme1 said:

I'm lovin it. Yet, I wonder what would have happened if Doug Whaley was our GM during this time? Scary thought lol

Cheers Beane and Josh! Thank You both!

We all know Whaley signs him......but for more money and less years

[Utah John]

Browns fans are right to be worried about what Allen's contract means for their team.  I don't think Mayfield is anywhere near as good as Allen, but he's going to get paid as if he is.  The Browns have a lot more players who think they're deserving of rich-for-life contracts than the Bills do, and there just won't be enough cap space available for the Browns to hold on to all their talent. 

[SydneyBillsFan]

14 hours ago, Perk71 said:

It definitely was the right Josh they drafted.

 

Ya think?

[wjag]

 

This might be the nicest Nick has been to Josh when talking about him.  I know it may not be a popular opinion on here, but I like Nick Wright.  Sure he is a Chief's fan and fanboy of MyMahommy.  But watching him speak about Josh over the last year, he is grudgingly coming around.  And maybe that is just the best testament of Josh Allen.  Slowly, surely, inevitably, he is winning over his toughest critcs.  He is the least egocentric NFL player I can remember.  He not only elevates his play and his teammates, but he is a great interview.  He never gives you a cringe moment.  His charisma smarms the interviewers, fans and critics alike.  I have so many non-Bills fans, being an expat, that tell me they love watching the Bills and Josh Allen now.  There is something about his story, his withering criticisms he endured by the media, and his humbling worth ethic that just draws you in.  And we get to enjoy the ride for the next 8 years.

[wjag]

29 minutes ago, Utah John said:

Browns fans are right to be worried about what Allen's contract means for their team.  I don't think Mayfield is anywhere near as good as Allen, but he's going to get paid as if he is.  The Browns have a lot more players who think they're deserving of rich-for-life contracts than the Bills do, and there just won't be enough cap space available for the Browns to hold on to all their talent. 

 

I polled one of my friends who is a staunch Brownie.  He says what just about everyone in the media was saying yesterday.  Allen 43, Mayfield 40.  He knows his team, salaries and structures, like many on here do with the Bills.  He thinks that's what the Browns can afford. 

 

The more interesting topic is LJ8.  I live in the Baltimore region, so I am surrounded by purple.  Baltimore can probably go north of 43 as they have what feels like manageable contracts and projected contracts.  LT Stanley got paid last year.  After that, it's hard to think of anyone breaking or going to break the Baltimore bank accept maybe the secondary guys like Humphreys. The intriguing question about LJ8 is whether they can afford to go north of 43 and continue to expose him to hits on running plays. 

 

I'm not here to argue LJ8's QBing ability.  I would be concerned as an owner if I have to give him 151+M guaranteed and then have him get hurt because the style of play that fits his skill set is atypical and risky to long term tenure in the league.  That guaranteed money could hamper your team for years to come.  Should make for some interesting short term deliberations and long term vision of how LJ8's career unfolds.

 

Of course the same argument has been proferred by various talking heads yesterday that JA17 also exposes himself to a lot of punishment by his style of play.  Can you take the JA17 stiff arm of Aaron Donald out of his game?  Should you now that you have locked him up for 8 years?

[Chandler#81]

10 hours ago, Rochesterfan said:

 

That guy is so off - this signing actually saves the Bills significant CAP space next year - a little more up front this year and in 2023 with the new TV deal.

 

Perfectly done by Beane.

Start and end that he’s a Jets fan. No on need look further than ‘Geenie’ to know how much it sucks to have to be a fan of that team, where one is forced to view them through rose colored glasses or their jumping off the Brooklyn Bridge.

49 minutes ago, wjag said:

 

This might be the nicest Nick has been to Josh when talking about him.  I know it may not be a popular opinion on here, but I like Nick Wright.  Sure he is a Chief's fan and fanboy of MyMahommy.  But watching him speak about Josh over the last year, he is grudgingly coming around.  And maybe that is just the best testament of Josh Allen.  Slowly, surely, inevitably, he is winning over his toughest critcs.  He is the least egocentric NFL player I can remember.  He not only elevates his play and his teammates, but he is a great interview.  He never gives you a cringe moment.  His charisma smarms the interviewers, fans and critics alike.  I have so many non-Bills fans, being an expat, that tell me they love watching the Bills and Josh Allen now.  There is something about his story, his withering criticisms he endured by the media, and his humbling worth ethic that just draws you in.  And we get to enjoy the ride for the next 8 years.

Great post.

 

side note, I hate Knick Wrong.

[The Wiz]

McBeane discuss the extension.  Interesting note.  I'm not sure if he was referring to other contracts from around the league for QBs or the contract discussions they were having with Allen's agent but Beane said that the contract was double in length than most and had a bunch of fine tuning to get it done (starts around 14:20 when he was in negotiations).

 

 

Edited August 7, 2021 by The Wiz

[RobbRiddick]

1 hour ago, wjag said:

 

This might be the nicest Nick has been to Josh when talking about him.  I know it may not be a popular opinion on here, but I like Nick Wright.  Sure he is a Chief's fan and fanboy of MyMahommy.  But watching him speak about Josh over the last year, he is grudgingly coming around.  And maybe that is just the best testament of Josh Allen.  Slowly, surely, inevitably, he is winning over his toughest critcs.  He is the least egocentric NFL player I can remember.  He not only elevates his play and his teammates, but he is a great interview.  He never gives you a cringe moment.  His charisma smarms the interviewers, fans and critics alike.  I have so many non-Bills fans, being an expat, that tell me they love watching the Bills and Josh Allen now.  There is something about his story, his withering criticisms he endured by the media, and his humbling worth ethic that just draws you in.  And we get to enjoy the ride for the next 8 years.

 

He makes a nice error in this clip, saying Josh has only been to the playoffs once.

[wjag]

Just now, RobbRiddick said:

 

He makes a nice error in this clip, saying Josh has only been to the playoffs once.

Yeah I caught that.  Also gives Lamar credit for 2.5 good years and Josh only one, when it could be argued 1.5ish..

[Rochesterfan]

7 hours ago, beerme1 said:

I'm lovin it. Yet, I wonder what would have happened if Doug Whaley was our GM during this time? Scary thought lol

Cheers Beane and Josh! Thank You both!

 

I will say the biggest difference I have heard was listening to Mike (the founder of SPOTRAC) on WGR and him talking about Beane.

 

First he talked about when this contract came down - it was compared initially to Buffalo’s previously biggest contract - Dareus.  He talked about what a terrible contract that was - not in the money as much as how it was written - he knew that the contract was going to cause issues.  Whaley blew that extension - the money was to much, but there were no protections for the team - the agent fleeced the GM and he knew almost immediately that was going to turn out bad.

 

Compare that to Beane - who he said has come in below on most of his signing in the last 2 years - the Tre’ White and Dawkins deals were brilliant and now the Josh deal - providing flexibility, outs for both the player and the team, just well written and beautifully thought out.  They talked about the quote that Beane is running a “masterclass” in being a GM.

 

My guess is if Whaley was GM - we are still mired in mediocrity because he never had a vision or a plan - things just seemed to happen.  Beane started thinking about this process and signing 3 years ago and even with mistakes along the way - his (and Sean’s) vision is shining through.

[BillnutinHouston]

Has anyone seen video of Josh actually signing?  Haven't seen anything available yet except a photo.

[SoCal Deek]

What I find interesting is all of the business that goes on behind the scenes that all the pundits and Internet GMs are completely unaware of. Josh’s new deal is a great example. While everyone is yapping there is actual negotiating going on at OBD. Now, translate the same to the dozens of pages about a new stadium. The same is going on behind the scenes there. While it’s fun to speculate and opine, always remember there’s real serious people who do all of this for a living. 

[Sammy Watkins' Rib]

25 minutes ago, wjag said:

Yeah I caught that.  Also gives Lamar credit for 2.5 good years and Josh only one, when it could be argued 1.5ish..

 

Giving Lamar credit for 2.5 good years is being generous too. Nothing special at all about Lamar's rookie year. In fact, Allen was by far the better running QB of the two in their rookie seasons. 

[Sharky7337]

2 hours ago, wjag said:

 

This might be the nicest Nick has been to Josh when talking about him.  I know it may not be a popular opinion on here, but I like Nick Wright.  Sure he is a Chief's fan and fanboy of MyMahommy.  But watching him speak about Josh over the last year, he is grudgingly coming around.  And maybe that is just the best testament of Josh Allen.  Slowly, surely, inevitably, he is winning over his toughest critcs.  He is the least egocentric NFL player I can remember.  He not only elevates his play and his teammates, but he is a great interview.  He never gives you a cringe moment.  His charisma smarms the interviewers, fans and critics alike.  I have so many non-Bills fans, being an expat, that tell me they love watching the Bills and Josh Allen now.  There is something about his story, his withering criticisms he endured by the media, and his humbling worth ethic that just draws you in.  And we get to enjoy the ride for the next 8 years.

Too bad he doesn't even know his facts that Josh allen made the playoffs twice and not once(with josh)

Edited August 7, 2021 by Sharky7337

[YoloinOhio]

I’m sure the contract breakdown is already buried in here from last night, but I saw a tweet that the Bills can get out of the deal in 2 years unscathed. Is that accurate?

[Rochesterfan]

5 minutes ago, YoloinOhio said:

I’m sure the contract breakdown is already buried in here from last night, but I saw a tweet that the Bills can get out of the deal in 2 years unscathed. Is that accurate?

 

I don’t think unscathed, but the huge option bonus (42 million) hits in 2 years - so there is an out, but it still costs a bunch with other money.

 

The SPOTRAC guys were saying it was a well written contract - there are a couple of outs for both the team and the player and spots to extend further and create savings when it goes well.  
 

There are protections also for both the team and the player for injury.

 

It is a massive contract, but seemed fair and smart.  

 

 

[Giuseppe Tognarelli]

9 minutes ago, YoloinOhio said:

I’m sure the contract breakdown is already buried in here from last night, but I saw a tweet that the Bills can get out of the deal in 2 years unscathed. Is that accurate?

Completely untrue. Not sure where Geary was getting that. It's a great deal, but that element is not true.

 

 

[loveorhatembillsfan4life]

42 minutes ago, BillnutinHouston said:

Has anyone seen video of Josh actually signing?  Haven't seen anything available yet except a photo.

There is a video on Instagram which seems to be just after signing with a shoutout to Bills Mafia. It’s under the Buffalo Bills IG account not Josh’s himself. 

[Hapless Bills Fan]

44 minutes ago, Sammy Watkins' Rib said:

Giving Lamar credit for 2.5 good years is being generous too. Nothing special at all about Lamar's rookie year. In fact, Allen was by far the better running QB of the two in their rookie seasons. 

 

This.  The Ravens playoff game Lamar's rookie year was embarassing.  It was difficult to watch.  14 of 29 passes, 48% completion.  54 yds rushing.

[SlimShady'sSpaceForce]

 

 

[Hapless Bills Fan]

1 hour ago, YoloinOhio said:

I’m sure the contract breakdown is already buried in here from last night, but I saw a tweet that the Bills can get out of the deal in 2 years unscathed. Is that accurate?

 

No, absolutely not.  Among other things, it's got $150 million fully guaranteed at signing.

Where I think Geary may be confused is that there's a large option bonus due in 2022 ($42.4M).

 

The word "Option" is confusing in this context, because it is, in fact, fully guaranteed at signing.  The Bills structured Tre White's contract in a similar way.  It's designed to distribute a large signing bonus in an asymmetric pattern.

https://www.spotrac.com/nfl/buffalo-bills/josh-allen-25102/
 

(PS found the link with the best explanation of the cascading guarantees, below)
 

[The Wiz]