Share this article

print logo

Taylor's restructured contract a 2-year deal with pay cut and easy out for Bills

Anyone up for another round of will or won't the Buffalo Bills keep Tyrod Taylor as their quarterback?

What took place this offseason could very well be repeated a year from now, thanks to Taylor's restructured deal with the Bills.

To remain with the team, Taylor agreed to what effectively is a two-year contract that results in a $10-million pay cut and allows the team to walk away from the deal after the 2017 season, according to information posted on the sports salary website

The reworked agreement also would automatically void if Taylor is on the Bills' roster at the end of the 2018 league year, allowing him to become a free agent in 2019.

Last August, Taylor signed a contract extension that would have had the Bills paying him about $40.5 million over the next two years had the team kept him on the roster past March 11 at 4 p.m. That wasn't acceptable to the club, which then went to work with Taylor and his agent on a restructuring of the extension.

If Taylor didn't accept a pay cut, the Bills were expected to cut him loose. Taylor then could find a suitor in an open market where he seemingly would have been one of the best available. On March 8, the Bills announced the two sides reached an accord.

Taylor now is due to receive $15.5 in guaranteed money, which includes his $7-million signing bonus, his 2017 base salary of $7.5 million, and $1 million of his 2018 base salary of $10 million.

His salary cap hit in 2017 is $9.713 million and increases to $18.08 million in 2018.

However, the Bills could decide to walk away from the contract after the 2017 season with relatively minimal cap consequences. They would presumably make the decision prior to paying a $6-million roster bonus (the specific date of when the payment is due does not appear on, but generally happens in March).

According to ESPN's Mike Rodak, the dead money for Taylor after the 2017 season would fall from $17.35 million to $5.6 million if he's released before June 1, 2018, or $1.4 million if he is released after that date.

Taylor's agent, Adisa Bakari, had what the quarterback described as "casual" conversations with teams interested in his client's services during the NFL Scouting Combine in Indianapolis. The Cleveland Browns, San Francisco 49ers, and New York Jets were known to have had Taylor on their respective radars.

By all accounts, none of the three, nor any other team for that matter, put forth a proposal that would have convinced Taylor to turn down a pay reduction and become a free agent.

There are no comments - be the first to comment