(Kirby Lee/USA TODAY Sports)

Tyrod Taylor named most underpaid veteran

Taylor came in as the most underpaid player in the NFL.

Tyrod Taylor is set to have a cap hit of $3.1 million in 2016. The Buffalo Bills know that the quarterback will be in for a massive raise in 2017 if he builds off of his first season as a starter, but his contract is currently among the best values in the NFL.

Pro Football Focus agrees that Taylor's contract is among the best in the league and that the QB is underpaid. In fact, PFF listed their most underpaid veterans in an article on ESPN Insider, and Taylor came in at No. 1 on the list. The author of the article, Nathan Jahnke, used player's PFF player ratings and the amount of money players generally make at their position to determine their Jahnke Value Model (JVM). He then compared this number to their actual salary cap to determine the difference between their current salary and how much they should be getting paid. According to Jahnke, Taylor's JVM value is $18.2 million. Here's what he wrote about the Bills QB:

1. Tyrod Taylor, QB, Buffalo Bills

2016 cap hit: $3.1 million

2016 JVM: $18.2 million

Value differential: $15.1 million

By far the highest value differential comes from Taylor; a player who was paid like a quality backup and played like he was a top-10 quarterback. He was one of the best quarterbacks at throwing deep. He had 1,014 passing yards and 12 touchdowns on deep passes, both among the top five for NFL QBs. He was also excellent on play-action passes in which he averaged 10.8 yards per attempt, ranking second in the league. The Bills not only get Taylor this year at a low cap hit, but next year his cap number is even lower. Typically, if a team gets a good rookie quarterback, that gives them the opportunity to spend money at other positions. Thanks to Taylor's play, the Bills have been able to re-sign players such as Cordy Glenn and Richie Incognito.

Taylor deserves to be No. 1 on this list in 2016, but it's safe to say he won't be among the Top 10 come 2017. Whether it's the Bills or another team, the quarterback is likely to see a significant pay raise next year.

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