Buffalo Bills quarterback Josh Allen has agreed to restructure his contract in a move that frees up approximately $12 million in much-needed salary cap space for the team entering the NFL's new year, a person familiar with the discussions told The Associated Press on Wednesday. The move converts $15.2 million of Allen's salary this season into a signing bonus, and comes a year after he signed a $330 million contract extension that ran through 2030. What is essentially a move on paper for Allen is significant for the Bills because it provides general manager Brandon Beane payroll flexibility to add players as the NFL’s signing period opened on Wednesday.
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