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Bills sign QB Kyle Allen.


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I believe that players signed for one year contracts for less than $1.75 million do not count towards the comp pick formula. If I'm correct this is an especially great signing. If Singletary signs elsewhere we will be -1 net free agents which will earn us a 3rd rounder for Edmunds next year.

 

Edit: This is affirmed here:

 

https://overthecap.com/the-basics-and-methodology-of-projecting-the-nfls-compensatory-draft-picks

 

Edited by HappyDays
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1 minute ago, HappyDays said:

I believe that players signed for one year contracts for less than $1.75 million do not count towards the comp pick formula. If I'm correct this is an especially great signing. If Singletary signs elsewhere we will be -1 net free agents which will earn us a 3rd rounder for Edmunds next year.

 

Yes, Allen won't count as a CFA.  I got to admit Kyle signed for a cheap deal.  I really want him to work out as a backup.

Backups have an important role even if they don't have to play.  It would be great to get a guy who stays more than 1 year.

This might be the guy.

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1 hour ago, HappyDays said:

I believe that players signed for one year contracts for less than $1.75 million do not count towards the comp pick formula. If I'm correct this is an especially great signing. If Singletary signs elsewhere we will be -1 net free agents which will earn us a 3rd rounder for Edmunds next year.

 

Edit: This is affirmed here:

 

https://overthecap.com/the-basics-and-methodology-of-projecting-the-nfls-compensatory-draft-picks

 

 

I think there's a lot of FA left before comp formulas come into play.  Thanks for the link and the education though!

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On 3/15/2023 at 10:57 PM, LEBills said:

As long as it is dirt cheap I like it

 

Agree. The number I have seen is $1.2m which isn't much (if any) above vet minimum. It is certainly a downgrade on Mitch. In theory it is a downgrade on Case although the limited amount we saw of Case last year I am not sure that would have rung true at this stage of his career.

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15 minutes ago, Beck Water said:

 

I think there's a lot of FA left before comp formulas come into play.  Thanks for the link and the education though!

 

I'll be surprised at this point if we sign any other players that will count against us for the comp pick formula. We could theoretically sign Bobby Wagner and Ezekiel Elliott to fill in our two remaining holes and they wouldn't count because they were cut. The rest of the players we sign will likely be fill in players making less than $1.75 million on one year deals. Otherwise all we need is Singletary to sign elsewhere for $2 million and we get that 3rd round pick.

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1 hour ago, GunnerBill said:

 

Agree. The number I have seen is $1.2m which isn't much (if any) above vet minimum. It is certainly a downgrade on Mitch. In theory it is a downgrade on Case although the limited amount we saw of Case last year I am not sure that would have rung true at this stage of his career.


1.2 is perfect. Basically no investment. When he started for a team with any semblance of talent with the 18-19 Panthers he was 6-7 as a starter. That’s normally all you can ask for out of a backup QB

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3 hours ago, HappyDays said:

I believe that players signed for one year contracts for less than $1.75 million do not count towards the comp pick formula. If I'm correct this is an especially great signing. If Singletary signs elsewhere we will be -1 net free agents which will earn us a 3rd rounder for Edmunds next year.

 

Edit: This is affirmed here:

 

https://overthecap.com/the-basics-and-methodology-of-projecting-the-nfls-compensatory-draft-picks

 


Wow… great news .., and never knew that so thanks for explaining …

 

Gee,,, we got Kyle very cheap….

 

He must really want to  play with his buddy for a year …

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1 hour ago, HappyDays said:

 

I'll be surprised at this point if we sign any other players that will count against us for the comp pick formula. We could theoretically sign Bobby Wagner and Ezekiel Elliott to fill in our two remaining holes and they wouldn't count because they were cut. The rest of the players we sign will likely be fill in players making less than $1.75 million on one year deals. Otherwise all we need is Singletary to sign elsewhere for $2 million and we get that 3rd round pick.

I think with draft signings we probably only have enough for Wagner.  This idea of OBJ, DHop etc is dwindling. 

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