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Bills Cap Status - Approx $4.25 under cap 4/03/2024 (added roster change summary)


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56 minutes ago, HappyDays said:

When the offseason first started, my dream was cutting White, Morse, Poyer, and Harty, and convincing Von to take a paycut. Consider me satisfied! Once we restructure Allen's contract we can be real players in free agency.

Any idea where that will have us in terms of cap space? I’m too lazy to look it up. 

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Wasn't sure where to put this.  Here's what I got so far this offseason (mostly today😀):

 

Tre White post June 1 cut

Mitch Morse released

Jordan Poyer released

Deonte Harty released

Siran Neal released

Nyheim Hines released

 

Rasul Douglas restructured 

Von Miller restructured

 

Mitch Trubisky signed

David Edwards re-signed

Taylor Rapp re-signed

Matt Haack signed

 

Ryan Bates traded for a 2024 5th round draft pick

 

Coaches:

Washington, Shula, Butler - out

Ronald Curry, Jahmile Addae, Christian Taylor - in

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1 hour ago, EmotionallyUnstable said:

Spotrac has us at 7mil over the cap currently (I am not sure if all of the moves are reflected) but obviously before any Allen deal.

 

Going off this number; and 11 mil for rooks, it looks like they’ll have 10 or so mil at minimum to play with in free agency if they get the Allen money converted. 
 

https://www.spotrac.com/nfl/buffalo-bills/cap/

 

So couldn't the Bills wait till June 1st to sign all the rookies and that would allow them to use the $10mil saving from White to pay them with?

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10 minutes ago, Kirby Jackson said:

Any idea where that will have us in terms of cap space? I’m too lazy to look it up. 

 

Over the Cap and Spotrac are showing different outcomes, it will probably take a couple days before we know for sure. But I am pretty sure that once Hines's release is official we will already be below the cap, and that's before the inevitable restructures of Allen's and Oliver's contracts. Even with Rapp and Edwards re-signing I suspect we will have enough to work with to make one above average signing and then a few signings to fill holes. Most importantly we will be in excellent cap shape heading into 2025.

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2 minutes ago, HappyDays said:

 

Over the Cap and Spotrac are showing different outcomes, it will probably take a couple days before we know for sure. But I am pretty sure that once Hines's release is official we will already be below the cap, and that's before the inevitable restructures of Allen's and Oliver's contracts. Even with Rapp and Edwards re-signing I suspect we will have enough to work with to make one above average signing and then a few signings to fill holes. Most importantly we will be in excellent cap shape heading into 2025.

You are are correct Happy next off season the 2025 version of the Bills will have around 50-60 million dollars in cap space 

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1 hour ago, HappyDays said:

 

Quite the opposite. Putting younger less injury prone players on the field and freeing up cap space puts us MORE in contention this year. No doubt in my mind we will be a better team than last year.

Absolutely.  This is exactly what the Bills needed to do.  We are taking a page right out of the Chiefs' playbook...moving on from expensive, older veterans, stockpiling draft picks, getting younger and cheaper, especially on defense, no sacred cows, other than the QB and a few key pieces. 

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7 minutes ago, WhitewalkerInPhilly said:

Any update on our current salary cap numbers

 

 

looks like we are about $4 mill over not counting the Rapp, Mitch, and Haack signings. Josh will be restructured, maybe Ed too which should get us below the cap with some space. A cut or extension of Taron, or an extension of Dawkins may be on the table as the major moves left if we want to do more spending

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Im ok with this.  A restructure of Allen and Dawkins is about 29 mill freed up.

 

20 mill going into FA is perfect,more than enough to get business done.  Tre whites cap frees up on 6/1 to nearly cover all our draft picks.

 

I'm hoping for some sort of trade, as well as a couple trade ups in the draft.  I'm not thrilled with this year's FA crop esp. at WR.

 

https://overthecap.com/salary-cap-space

 

 

Edited by SoonerBillsFan
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Get to 40 mil in space and take a big swing.

 

Chris Jones

 

Christian Wilkins (camp fights with Josh)

 

DJ Reader

 

Leonard Williams

 

+ Re-sign DQ. 
 

Derrick Henry if he doesn’t sign with Ravens
 

CB Jaylon Johnson?  only 24
We tried to acquire him at the trade deadline.

That would be super intriguing.  Benford or Rasul could move to Safety 

*Edit Franchise Tagged

 

 

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Posted (edited)
1 hour ago, LEBills said:

 

 

looks like we are about $4 mill over not counting the Rapp, Mitch, and Haack signings. Josh will be restructured, maybe Ed too which should get us below the cap with some space. A cut or extension of Taron, or an extension of Dawkins may be on the table as the major moves left if we want to do more spending

Not exactly.  Because we cut players like White, Morse, Neal, and Harty you have to add back the contract of a players that replaced them on the Rule 51 roster.  The current deficit is just over $7 million without Rapp's and Trubisky's contracts, and without the full benefit of White 6/1 release.

Edited by GASabresIUFan
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5 hours ago, Old Coot said:

Rasul listed as a "salary conversion." What does that mean?

It means they added 3 void years to his contract, then converted a bunch of his 2024 salary to signing bonus that can be prorated over those 4 years. Thus making our 2024 cap charge smaller by charging the rest of it to next year's cap when the void years kick in. It's not really an extension as Douglas still winds up with the same amount of money this year and his contract ends after this year. It's just a different way of saying restructure, I guess.

 

Note: Nothing says in the future they can't still come to an agreement on an extension and simply change some or all of the void years to regular years. Either way it saves us cap space this year.

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