The Buffalo Bills will have to work some magic this offseason to retain key free agents such as Cordy Glenn, Richie Incognito and perhaps Nigel Bradham. Buffalo's cap situation has put the team in a tough spot and GM Doug Whaley will be the first to admit it. On Wednesday night, Whaley joined The John Murphy Show and stated that Buffalo has to "be careful" this offseason in regards to their salary cap.
However, Whaley also noted that while Buffalo's cap situation doesn't look good from the outside, he's open to signing quarterback Tyrod Taylor to a contract extension sooner rather than later. According to Whaley, it would have to be a deal that works for both parties.
According to Spotrac, Taylor is slated to have a base salary of $2 million in 2016 with a cap hit slightly above $3.1 million. Based upon Taylor's outstanding play in 2015, this is a great deal for the Bills. Extending Taylor now would be a curious move based upon his low cap hit and Buffalo's current cap situation.
Although Whaley is open to the idea of an early extension, Buffalo would most likely have to rework some current contracts to make a Taylor extension work this offseason. In Taylor's case, a wait and see approach may be best for the Bills.
Franchise quarterbacks demand big money in the NFL and the Bills have only seen Taylor start 14 games. Instead of working on an extension now, the team should wait and see how Taylor performs on the field in 2016. If he plays at a high level, the team should then open negotiations in-season with Taylor's agent. The Bills usually don't negotiate in-season this as they believe it's a distraction for the player, but Buffalo has shown a willingness to do this when it comes to the quarterback position.
Buffalo should certainly explore an extension with Taylor's representatives this offseason, but it may have to wait until Taylor and the team are back on the field in 2016.null