The Buffalo Bills quietly boosted Josh Allen’s compensation for this season, according to Michael Ginnitti of Sportrac. The team shifted $30 million into Allen’s 2024 earnings, a move that wasn’t initially reported when his contract was restructured in March to free up $16.7 million for the season. This adjustment lowered Allen’s cap hits by $17 million in 2024 and $13.3 million in 2026, providing some financial flexibility for the team.
Despite speculation about his salary, Allen has remained unconcerned about his earnings, noting that while other quarterbacks are surpassing his contract, he’s satisfied with his situation. He believes his focus should remain on his performance, trusting that the financial details will resolve themselves in time.
Some experts, like Mike Florio from Pro Football Talk, believe Allen is underpaid compared to newer quarterback deals and should push for a renegotiation, potentially becoming the first to secure a $60 million annual contract.
The Bills have had to navigate challenging salary cap decisions, releasing veterans like Tre’Davious White and Mitch Morse while trading Stefon Diggs. However, a record $30.6 million cap increase for 2024 has provided some relief, and the team is planning carefully for future moves. General Manager Brandon Beane emphasized the need to balance the present and future to avoid cap issues down the road.