by Mario Granata
Now many of you have had an opinion on the Buffalo Bills 40-32 loss to the New England Patriots at Ralph Wilson Stadium, however there are a few points that you need to remember before you start to throw in the towel on the Bills (not that any of us would do that, I am just putting it out there). As there was a popular show on ESPN2 and ESPN Classic called The Top 5 Reasons You Can’t Blame… that aired from 2005 to 2007 that would highlight various events that happened in sports, and why you should reconsider the outcome as proven fact. Well, we here at Hashtag Sports have our own version based on the game this past Sunday.
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By Paul Wanecski
Many fans seem to be under the impression that creating salary cap room is easy. While some contracts are easy to restructure, more often than not the majority of contracts make it difficult to shift dollars around. All things with a player’s contract come with circumstances and consequences. The Buffalo Bills are set to exceed the salary cap next season already (these numbers will change, but it is alarming to look at). Given what we have heard from a lot of fans, simply restructuring Mario Williams’ contract is not an option for the Bills to counter-act this.
It is important to note that players have to agree to a contract restructure. The team cannot change a player’s pay when a contract is signed without authorization. If Mario Williams decided that restructuring his contract was not in his best interest, he doesn’t have to allow it. Players like Drew Brees, for example, consistently restructured his contract in New Orleans to help free up salary cap space (and also usually got a nice check in the form of a new signing bonus each time). The problem with Brees was that his salary cap number skyrocketed over the years from the Saints deferring dollars into the tail-end of his contract, which made his deal practically impossible to swallow against the salary cap. Players usually don’t mind restructuring as the team is taking money in the form of base salary and turning into a signing bonus with is then prorated over the life of the remaining years of the contract. This gives the player money that they originally hadn’t earned yet up front and who can argue with that?
This is where the term “restructuring” gets over-used. Unfortunately for the Bills, Mario Williams’ contract contains so much guaranteed money and prorated signing bonus already that a simple restructuring (when base salary is converted to signing or roster bonus) will not offer any significant cap relief. Here is the current structure of his deal as it stands from Overthecap.com:
You can see several unique bonuses built into Mario’s contract. He earns a $400,000 bonus for each Pro-Bowl. In 2014, he had a $10.6 million dollar roster bonus which is paid at that start of the year and only impacts the salary cap of that year, much unlike his signing bonus which currently is absorbing $5.4 million dollars for this year and the same amount next year. Because his salary cap number is nearly $20 million this year and next year, yes, Doug Whaley and team could try and shift some dollars into later years, the problem is that his salary cap figure is already $16.5 million for 2017 which is his age 33 season.
By comparison, at age 34, Dwight Freeney made $3.5 million. JJ Watt’s contact is set to expire prior to his age 33 season. Cameron Wake is 33 this year and his cap number is $10.4 million. Jared Allen is making $12.5 million this year, however, his contract was written so he only made $3 million the first year. This year appears to be a “catch-up” season because realistically he should be making about $8.5 million, also at age 33. Robert Mathis made $8 million dollars in his age 33 season. Long story short, Mario Williams’ contract is far exceeding his market value at his age for his position. So what is the solution to that?
Doug Whaley and the entire team at One Bills Drive know Mario’s contract is a time-bomb. He is going to be vastly overpaid in the backend of his contract and as it stands, not much can be done about it. Pushing dollars into the final year of his deal (by changing some of his base salary into a roster bonus) is possible but would bring little relief. The best solution would be to discuss a two year extension, building his contract to his age 35 season. Given the comparable, this would allow the Bills to restructure and shift dollars into the latter part of his contract. Is it risky? Every player is one play away from ending their career but older players carry significantly more risk. The goal should be to drop Mario’s base salary after age 33 to the $6-7 million dollar range. That may seem out of scope with the examples we just reviewed, however it is important to remember that the salary cap goes up every year, so the long angle on this is that base salary will be considered a bargain when the time comes. While that seems low, it will allow the Bills to take his massive base salary the next two years and consolidate that into a series of roster bonuses with a signing bonus. This gives maximum flexibility to the long term salary cap and gives Mario additional financial security in the short and long term. While it will be hard to get his 2016 year down below $16 million dollars because of the bonus money already in place (which could be removed but that typically indicates some sort of pay-cut has been installed in the deal), even doing a simple extension and restructuring would bring in line base salary and cap value at the end of the contract.
Simply taking the money that Mario makes now and trying to reallocate that does little good. By extending his contract, additional years allow for money to be distributed more evenly, ultimately lowering his cap impact. It is a common misconception that contract restructuring positively impacts all years on a contract. The opposite is true; it allows for short term cap relief, however, most restructuring just pushes dollars that have to be accounted for into later years. Once a signing bonus is given, that money will be counted against the salary cap and cannot be erased by a restructuring. Since Mario has $7.4 million in bonus money this year alone without figuring his base salary (as well as $8.4 million in bonus money next year without figuring his base salary), it is easy to see why you cannot just restructure his contract without extending it. by Mario Granata
There will be a lot of things to watch in this Sunday’s match-up between the Buffalo Bills and the New England Patriots, but taking a closer look at the history of the individuals involved and the games that have already were played in Week 1, you start to gain a different perspective. When you are watching the game, be sure to look for these match-ups, which could decide the final outcome of the game. by Mario Granata
There are many theories that have been presented on how the Buffalo Bills can defeat the hated New England Patriots in Week 2 of the 2015 NFL season. If there is one person who can match defensive chops with the great Bill Belichick, it is Rex Ryan. Ryan has to have some help from his offense, however and needs them to come up with timely scores to take an early stranglehold over the AFC East. Here are the keys to victory for the Buffalo Bills this weekend. Spreecast is the social video platform that connects people. by Mario Granata and Paul Wanecski
In the current era of the NFL which is considered by many as a "Passing League" the Buffalo Bills are playing a brand of throwback football from the 1980s and 1990s. However, can this formula be effective and last in the New NFL? The Cover 2 question this week will be, can the Bills make a significant playoff run by having a quarterback who has a per game average of 200 yards passing? 5 Takeaways from the Bills/Colts Game
Rex Ryan's First Win as Bills Head Coach. Tyrod Taylor very productive in First Start. Doug Whaley building a Winner. Marcell Dareus paid and ready to go. By Paul Wanecski
Buffalo Bills quarterback Matt Cassel has had a strange week. He was taking first-team reps throughout practice this off season, was released, and then was brought back just three days later. While cutting Matt Cassel appears to be about the money that was attached to his contract, it’s the timing of the signing that makes his story a curious tale. By Paul Wanecski
The Buffalo Bills have and will continue to make adjustments to the 53-man roster as the season progresses, much like every other team in the NFL. While some players appear to have secured a spot, some have a very small window with which to fight to keep that. With impending moves on the horizon, let’s walk through what will be happening in the coming weeks along with the news that just broke today. by Mario Granata
Now much of the attention has been on the thrilling trio of quarterbacks at One Bills Drive and how they have performed in the preseason, however the focus might have been misplaced just a little bit. The insertion of a veteran head coach (Rex Ryan) and offensive coordinator (Greg Roman) have also helped, but the way that the Bills have turned what was statistically the worst offensive line in the NFL into Cinco de Chemistry is quite remarkable and also overlooked. |