Report: Josh Allen, Von Miller Restructure Bills Contracts to Clear $32M in Cap Space

Report: Josh Allen, Von Miller Restructure Bills Contracts to Clear $32M in Cap Space

Francisco RosaMarch 14, 2023

ORCHARD PARK, NY - JANUARY 22: Josh Allen #17 of the Buffalo Bills drops back to pass against the Cincinnati Bengals during the second half at Highmark Stadium on January 22, 2023 in Orchard Park, New York. (Photo by Cooper Neill/Getty Images)

Cooper Neill/Getty Images

The Buffalo Bills opened up about $32 million in cap space Monday after restructuring the contracts of quarterback Josh Allen and pass rusher Von Miller, according to ESPN’s Field Yates.

Prior to the moves, Buffalo had the worst cap situation in the entire league, it was a little more than $16.5 million over the cap, according to Spotrac.

Allen and Miller are two of the highest paid stars on the team and were set to have cap hits of $39.7 million and $18.6 million in 2023, respectively. It’s still unclear how those numbers change moving forward.

Following his fifth season in the league, Allen—26—is entering the first year of his monstrous six-year, $258 million deal he signed ahead of the 2021 season that’ll keep him in Buffalo through 2028.

In 2022, as part of his fifth-year option, Allen’s cap hit was just $16.3 million, a bargain for one of the best talents in the league.

Meanwhile, Miller, who has the third-highest cap hit going into next season, will look to bounce back in Buffalo after playing just 11 games in 2022 before tearing his ACL and missing the rest of the season.

He signed with the Bills on a six-year, $120 million ahead of last season after winning the Super Bowl with the Rams in 2021.

General manager Brandon Beane has already put the cap space to good use, getting Allen some more protection by signing center Connor McGovern to a three-year, $23 million deal.

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