Bills restructured Josh Allen’s contract.

Per ESPN’s Field Yates, the move creates $40 million in cap space. As is the case with most elite quarterbacks, Allen’s contract being restructured has become an annual affair for Buffalo. This is essentially free cap space for the Bills. With the deadline to get cap compliant coming later today, Buffalo now has plenty of wiggle room to sign free agents or extend other players. Allen is under contract through the 2030 season.