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More On The New Contract For Bills DT Ed Oliver

June 10th, 2023 at 4:35pm CST by Ely Allen

When the Bills extended defensive tackle Ed Oliver last week, we examined how the deal was an accurate reflection of Oliver’s talents, rewarding him for his accomplishments while not placing him with the elite at the position. If anything, the deal seemed a bit heavy for what Oliver had shown on the stat sheet, but some insight, provided by Albert Breer of Sports Illustrated, was able to help put the deal in perspective.

We already noted that the deal reduced his cap hit in the coming season from $10.75MM down to $5.78MM. We also noted that the big payday only slotted Oliver 11th at his position for average annual value. These points help to explain a bit about how reasonable the deal was financially, but Breer gave some reasoning for why the deal was as high of a payday as it was despite the apparent lack of production.

The Bills reportedly utilized advanced statistics when determining Oliver’s value. They saw that, despite his lack of statistical production, Buffalo’s pass rush excelled significantly more when Oliver was on the field. They found that, while Oliver’s lack of size and length can make it difficult to finish plays, he’s still disruptive enough to move to the ball out of position, allowing his teammates to reap the benefits off of his impact.

The team also expected much more from Oliver in 2022, predicting a breakthrough year after an impressive camp. Unfortunately, a high ankle sprain in the first half of the season opener against the Rams really knocked him off-kilter. Although he was able to return to the field just five weeks later, Oliver told people he didn’t quite feel right again until March. This projected potential helped inflate Oliver’s deal a bit, despite what was considered a bit of a down year.

We were also provided with some details on terms of the deal, thanks to Mike Florio of NBC Sports. We had reported a four-year, $68MM value with $45MM (now, more accurately, $45.28MM) guaranteed. We later added on that part of that guaranteed money was a $14.75MM signing bonus. Now, we know that, of that $45.28MM, $24.53MM is guaranteed at signing and is composed of the signing bonus, Oliver’s 2023 base salary of $2.03MM, and $7.75MM of his 2024 base salary (worth $14.75MM total). The $7MM-remainder of the 2024 salary becomes guaranteed the day following next year’s Super Bowl. $8.25MM of his 2025 base salary (worth $13.75MM total) becomes guaranteed on the fifth league day of the 2024 season, and the remaining $5.5MM becomes guaranteed if he’s still on the roster for the fifth league day of the 2025 season. He’ll have base salaries in 2026 and 2027 of $14.13MM and $14.4MM respectively.

Oliver can earn plenty in bonuses over the course of the deal. He’ll get a 2024 option bonus of $12.5MM, which, if exercised, would reduce his base salary amount for that year to $2.25MM. He can also receive an offseason roster bonus in 2025 of $1.25MM. There are workout bonuses of $500k per year starting in 2024, as well as per game active roster bonuses starting in that season of $25k for a potential additional $425k per season. There are also two undefined incentives worked into the deal for a potential $500k in 2023 and a possible $750k in each of the following years of the deal. The deal also has a built-in out that would allow the team to cut Oliver after the 2025 season for over $40MM of cap savings and only $5.9MM of dead cap.

So, that’s the skinny on how the Bills constructed Oliver’s new deal. They were able to reward the anchor of their defensive line while incentivizing him to continue to improve his performance. They locked Oliver down for a long-term deal and were able to alleviate their cap situation a bit in the process.

Bills Targeted Leonard Floyd Regardless Of Von Miller’s Status

June 7th, 2023 at 12:40pm CST by Sam Robinson

Von Miller is coming off his second ACL tear. While the future Hall of Fame pass rusher re-emerged from a December 2013 tear in time for Week 1 of the ’14 season, he is now 34. Given how the Bills proceeded with Tre’Davious White, it would not surprise to see the team exercise caution with Miller’s return.

Miller now expects to be ready by Week 1, but Buffalo’s recent one-year Leonard Floyd deal provides some protection against the 13th-year veteran needing more recovery time. Though, the team will be expected to have both veterans in uniform fairly early in the season. GM Brandon Beane has since said (via ESPN.com’s Alaina Getzenberg) the Bills targeted Floyd regardless of Miller’s health situation.

Last year, the Bills gave Miller a $120MM deal with guarantees stretching into Year 3. This pried Miller from the Rams’ grasp, with the Bills viewing the star edge rusher as a missing piece in what had been a homegrown defensive end crew. Miller tallied eight sacks in the 10 games he finished last season, but the team certainly missed him following the Thanksgiving ACL tear. Floyd, who has not missed a game since the 2017 season, profiles as a seasoned insurance option.

Floyd, 30, benefited from Miller and Aaron Donald during the Rams’ Super Bowl LVI push two seasons ago but also totaled a career-high 22 quarterback hits last season — one in which the Rams shut down Donald after 12 games. Floyd collected four of his nine sacks without Donald in the lineup, offering potential as a standalone edge presence for a Bills team that hopes to see more from its younger rushers. Of course, Floyd’s presence will reduce that contingent’s playing time.

Gregory Rousseau, a 2021 first-round pick, totaled three of his eight sacks after Miller’s injury, and A.J. Epenesa (Round 2, 2020) finished with a career-best 6.5. Boogie Basham has struggled to make a steady impact since going off the board in the 2021 second round, totaling 4.5 sacks in 23 career games. The Bills also re-signed Shaq Lawson this offseason. It does not seem the team will have room for six D-ends. Unless Miller begins the season on the reserve/PUP list, it would seem likely one of the sextet is not on the team’s initial 53-man roster.

Floyd’s arrival will give the Bills three players with at least one eight-sack season on their resume. Miller and Floyd have combined for 13 such slates, with Rousseau getting there in 2022. Floyd still fared decently as a street free agent, despite waiting until June to sign. Several edge rushers resided in the same boat, as that market has not moved much this year. Floyd’s deal may help establish a veteran market of sorts, with the likes of Frank Clark, Yannick Ngakoue and Jadeveon Clowney still available.

To land Floyd, the Bills authorized $7MM guaranteed on a contract that maxes out at $9MM. The team will spread out Floyd’s $5.84MM signing bonus over four years, via the use of three void years, Field Yates of ESPN.com tweets. The void years drop Floyd’s cap hit to $2.6MM. Thanks to Ed Oliver‘s extension taking the defensive tackle’s fifth-year option price out of the equation, the Bills created some cap room for Floyd. They still hold $5.5MM, which is nearly $5MM more than they carried at this point last week.

Bills Sign CB Cameron Dantzler

June 7th, 2023 at 8:09am CST by Sam Robinson

Cameron Dantzler is now headed to a third city this year. The Bills will give the former Vikings third-round pick a chance, doing so not long after the Commanders moved his rookie contract off their payroll.

The Bills are signing the fourth-year cornerback to a one-year deal, according to the team. Washington had claimed Dantzler’s rookie deal in March, but the Mississippi State product will now attempt to play his fourth NFL season in Buffalo.

While the Bills have been busy with defensive transactions over the past few days, extending Ed Oliver and signing Leonard Floyd, the three-time reigning AFC East champions have not done too much at corner this offseason. The team selected Alex Austin in Round 7 but is largely running it back at the position. Dantzler figures to compete for a backup job. In a corresponding move, Buffalo waived cornerback Kyler McMichael.

The Vikings used Dantzler as a regular starter last season, doing so despite drafting Andrew Booth in the 2022 second round. Dantzler, 24, played ahead of Booth and worked as the team’s primary boundary corner opposite Patrick Peterson. The Vikings have moved on from both veterans, with Peterson now with the Steelers. After adding Brian Flores as defensive coordinator, Minnesota has retooled on that side of the ball this offseason. Dantzler has 26 starts on his resume, bringing extensive experience to a Bills team that has seen injuries make a major impact on its depth at this position in recent years.

Tre’Davious White‘s long-awaited return from an ACL tear did not come until Thanksgiving, with the team’s No. 1 corner being out a full calendar year. Emerging seventh-round pick Christian Benford also missed eight games as a rookie. Dantzler stands to join Benford as a backup for a team eager to play 2022 first-rounder Kaiir Elam alongside White.

Pro Football Focus graded Dantzler as a mid-tier corner last season, slotting him 65th at the position. The advanced metrics site viewed Dantzler’s work in 2020 and ’21 as superior, grading the 6-foot-2 cover man in the top 25 each year. The Bills will take a flier, with the former SEC defender aiming to avoid being cut by a third team in 2023. Buffalo also rosters fourth-year corner Dane Jackson (22 career starts) and Siran Neal, with Taron Johnson still in place in the slot.

Bills S Damar Hamlin Participates In Team Drills

June 6th, 2023 at 8:32pm CST by Ben Levine

Bills safety Damar Hamlin participated in team drills today, the first time he’s seen the field during OTAs and five months after his on-field cardiac incident. The team tweeted a photo of Hamlin, noting that the player was a full participant at practice.

Per NFL.com, Hamlin previously took part in individual drills and stretching exercises. Today, he was seen wearing a helmet and serving as a punt protector during the special teams portion of practice. ESPN’s Alaina Getzenberg tweets that Hamlin briefly left the field to deal with a arm/shoulder injury but soon returned.

“Really proud of him to take that next step,” general manager Brandon Beane told reporters (including Katherine Fitzgerald of The Buffalo News). “Obviously, you guys have seen him out here working out. … Just so proud of him and thrilled for where he’s at in his journey.

“We’re just upping or building his reps up. He’s great. He’s mentally ready to go. He knows the defense. It’s Year 3 into it. The next thing is going to be we’ve got to put pads on, and it’ll be at training camp. But I thought it was really important for him if he could and felt he was ready. You know, this is a two-way communication. This is not us saying, `You’ve got to do this.’ … He’s worked really hard on the mental side of this. Physically, he’s all cleared. But this is a real deal from a mental standpoint after you’ve been to where he was.”

Hamlin has continually stated his desire to continue his NFL career. He was cleared to resume playing back in April, and since then, he’s been spending time at the Bills facility preparing for the upcoming season. As Joe Buscaglia of The Athletic writes, the Bills haven’t given any indication that they plan to use “any reserve listing” for Hamlin, a small hint that the player should be good to go come training camp.

The 25-year-old was thrust into a starting role last year while filling in for Micah Hyde, who missed most of last season with a foot injury. Hamlin ended up finishing the campaign with 91 tackles and 1.5 sacks in 15 games (13 starts), with Pro Football Focus grading him as one of the league’s top pass-rushing safeties. With Hyde back and Jordan Poyer signed to a new deal, the Bills have the luxury of bringing Hamlin along slowly.

Minor NFL Transactions: 6/6/23

June 6th, 2023 at 7:30pm CST by Ben Levine

Today’s minor moves:

Baltimore Ravens

  • Waived: QB Nolan Henderson

Buffalo Bills

Nolan Henderson joined the Ravens as an undrafted free agent out of Delaware. He finished his 2022 season with a UD single-season record 32 touchdowns, and there’s some hope he can stick around the NFL. However, he had limited opportunities for practice reps in Baltimore with Lamar Jackson, Tyler Huntley, Anthony Brown, and Josh Johnson ahead of him.

Isaiah Bowser, a Central Florida product, joined the Bills as an undrafted free agent last month. The running back had more than 1,500 rushing yards and 25 touchdowns over his final two collegiate seasons.

Bills, DT Ed Oliver Reach Agreement On Extension

June 6th, 2023 at 9:57am CST by Ely Allen

JUNE 6: Further details on the extension are in, courtesy of ESPN’s Field Yates (Twitter link). Oliver will receive a $14.75MM signing bonus via his extension, which has cap implications for 2023. His charge for this season has dropped to $5.775MM (compared to the $10.75MM it would have been on the fifth-year option). Buffalo has already used some of those savings on their deal for edge rusher Leonard Floyd.

JUNE 3: After four strong years on the Bills defensive line, defensive tackle Ed Oliver will avoid playing out his fifth-year option to free agency after agreeing to an extension, according to Adam Schefter of ESPN. Oliver’s new contract is reportedly a four-year deal worth $68MM, $45MM of which will be guaranteed.

Oliver isn’t the flashiest of defenders, as many in his position aren’t, but since getting drafted at No. 9 overall back in 2019, Oliver has done his job and done it well. While not elite in any area of the game, Oliver has been a good all-around defender in Buffalo, delivering strong performances as both a run defender and a pass rusher. He didn’t have his best season in 2022, but according to Pro Football Focus (subscription required), Oliver was the 13th best interior defender in 2020 and the 23rd in 2021.

As a rookie in 2019, Oliver became an immediate contributor rotating in the defensive front alongside Jordan Phillips and Star Lotulelei. He finished his rookie year with five sacks and five tackles for loss. He held down a similar role in his sophomore season, anchoring a rotation that now included Quinton Jefferson and Vernon Butler but now starting every game. In 2021, Oliver became a mainstay on the defensive line, playing more snaps than any other Bills defensive lineman. His playing time that year about doubled any other tackle on the team besides Harrison Phillips, and he rewarded Buffalo with a disruptive four sacks and 10 tackles for loss. Last year, DaQuan Jones replaced Phillips as Oliver’s right-hand man as the two dominated the defensive tackles’ snap share.

So far in his career, Oliver has proven to be an above average pass rusher with 14.5 career sacks from the interior as well as 42 quarterback hits, a disruptive run stopper with 30 career tackles for loss, and an all-around nuisance with 11 swatted passes and four forced fumbles. He’s been a steady, reliable contributor, appearing in all but four games over the course of his career, as well.

Oliver’s new deal is reflective of his status in the NFL. Not considered an elite athlete at his position but still respected as a strong contributor, the $17MM annual average value of Oliver’s extension ranks 11th among NFL defensive tackles. The league’s better tackles make north of $20MM per year while an all-time great like Aaron Donald makes just over $30MM per year. The $45MM guaranteed, though, ranks sixth-most among active defensive tackle contracts.

Five other defensive tackles were taken in the first round of 2019: Quinnen Williams, Christian Wilkins, Dexter Lawrence, Jeffery Simmons, and Jerry Tillery. Tillery was waived by the Chargers midseason last year. Lawrence agreed to an impressive four-year, $87.5MM deal almost a month ago, and Simmons topped both Oliver and Lawrence with a four-year, $94MM extension, a deal that would top the position if not for Donald. Williams is currently in discussions with the Jets for an extension and should expect a strong one after a first-team All-Pro 2022 season. Wilkins is also in discussions with Miami, but he likely shouldn’t expect to reach the heights of Simmons, Lawrence, or Williams. After two strong seasons, Wilkins may see a deal similar to Oliver’s, but an inconsistent start to his career may limit what he receives.

Back in Buffalo, though, the Bills have locked down the future of their defensive line, especially considering every other experienced defensive tackle on the roster (Jones, Phillips, Tim Settle, and Poona Ford) is set for free agency at the conclusion of the upcoming season. Oliver joins tight end Dawson Knox, who received an extension of his own last September, as the only remaining members of Buffalo’s 2019 draft class.

Bills, OLB Leonard Floyd Agree To Deal

June 5th, 2023 at 6:25pm CST by Adam La Rose

6:25pm: Floyd agreed to join the Bills on a deal that pays $7MM in base value, Rapoport tweets. Incentives can take the contract to $9MM. While this is well off Floyd’s previous NFL contract — a four-year, $64MM pact the Rams shed in March — the former first-round pick still did reasonably well after spending nearly three months in free agency. Floyd received other offers, per Rapoport, who adds he turned down a more lucrative one to land with a contender in Buffalo.

8:58am: The next domino has fallen with respect to veteran edge rusher landing new contracts deep into free agency. Leonard Floyd has agreed to a one-year-deal with the Bills, per NFL Network’s Ian Rapoport (Twitter link).

The move will give Buffalo another experienced presence on the edge, and Floyd will be reunited with Von Miller after the pair spent time together with the Rams during their Super Bowl run. The latter is aiming to return to the lineup for Week 1 after his ACL tear, but Floyd will provide insurance for the team if that does not take place. When the Bills’ edge group is at full strength, it will have an intriguing mix of experience and upside.

Floyd enjoyed a successful run in Los Angeles after a generally underwhelming start to his career in Chicago. The 30-year-old posted 10.5, then 9.5 and 9.0 sacks in his three years with the Rams, and was a crucial part of their defense during his time there. No other edge rusher recorded more than one sack for the team in 2022, though they still committed to parting ways with the veteran this offseason.

After failing to find a trade partner willing to take on the remainder of the contract Floyd signed in 2021, the Rams released him. That fell in line with their moves at other spots on the roster, as they look to reset financially and move past what was a highly disappointing 2022 campaign. It left Floyd on the open market amongst many other accomplished pass rushers, though, and the position’s market has remained cool through June.

Floyd has landed in a new home where there could be signficant competition for playing time, especially once Miller is healthy. The Bills have 2021 first-round pick Gregory Rousseau, along with former second-rounders A.J. Epenesa and Carlos Basham Jr. in the fold; they also re-signed veteran Shaq Lawson this offseason. Floyd logged a snap share of at least 80% in all three of his Rams seasons, so he is capable of handling a heavy workload if need be.

Given the team’s depth, however, the former first-rounder is likely in line for a smaller role in Buffalo, a team which ranked mid-pack with 40 sacks last season. A strong campaign from Floyd would help boost his free agent stock ahead of next offseason, while also providing a boost up front to a team which is once again eyeing a deep postseason run.

Latest On DeAndre Hopkins

June 5th, 2023 at 3:47pm CST by Adam La Rose

As teams around the league begin minicamp, the DeAndre Hopkins free agency watch continues. The list of potential suitors for the veteran wideout has fluctuated in recent days, and a shift in market value could lead to the next signficant development.

Hopkins – who recently signed on with Klutch sports after having not had an agent – is reportedly seeking a contract similar to the one-year, $15MM one Odell Beckham Jr. signed with the Ravens in April. Such terms would be quite challenging for many teams to afford given their cap situations this late in the offseason, particularly the Bills and Chiefs, the ones most frequently named as frontrunners to sign Hopkins.

On that point, SI’s Albert Breer predicts that Buffalo and Kanas City would add the three-time All-Pro “only at a discount.” Financial pressures could very well drive down Hopkins’ asking price, something which would be necessary for either AFC contender considering they rank near the bottom of the league in available funds. On the other hand, the value of Beckham’s deal came as a shock to many, so Hopkins still may be able to land a contract of considerable value with a different team.

Breer names the Patriots as a team to watch, especially since acquiring the 30-year-old no longer requires giving up draft compensation. Offensive coordinator Bill O’Brien – the head coach and general manager of the Texans when Hopkins was traded from Houston to Arizona – “would be plenty on board with, not against” adding Hopkins to New England’s roster, Breer adds. The Patriots have previously been linked to a Hopkins pursuit, and they are in far better shape with respect to cap space than the Chiefs and Bills. Doug Kyed of A to Z Sports confirms that New England is “monitoring” the five-time Pro Bowler’s market.

Finances are also less of an issue for the Browns and Ravens, teams which have been on the fringe of the Hopkins sweepstakes to date. A deal in Cleveland would reunite Hopkins with quarterback Deshaun Watson, of course, but the Browns have already made several moves at the WR position. Breer categorizes a Hopkins-to-Cleveland move as “unlikely” to take place at this point.

To little surprise, the Giants and Cowboys have bowed out of the Hopkins pursuit. Multiple teams should still be in the running to sign him, though, especially if his asking price has indeed come down. More clarity could emerge soon with respect to Hopkins’ intended destination and how willing other squads are willing to engage in a bidding war for his services.

Von Miller Aiming For Week 1 Return

June 3rd, 2023 at 9:34pm CST by Adam La Rose

Von Miller continues to rehab his second career ACL tear, and attention continues to be paid to his recovery timeline. The Bills edge rusher has struck an optimistic tone with respect to his intended return date.

[RELATED: Bills Extend DT Ed Oliver]

The 34-year-old was limited to 11 contests in his debut Buffalo campaign, with his torn ACL marking a major blow to the team’s pass rush and Super Bowl aspirations. When asked about his recovery last month, Miller indicated that much remains to be seen, though he added that Week 6 could be the latest point at which he is next seen on the field.

Miller’s latest comments prove that he is eyeing a more immediate return, however. The longtime Bronco is satisfied with his recovery to date, something which is particularly encouraging considering the investment the Bills made in him last offseason. The future Hall of Famer is attached to a six-year, $120MM contract, making his health a top priority for the AFC contenders. Having Miller available for their regular season debut now may not be out of the question.

“10 years removed from [the 2013 ACL tear], 2023, I have a whole new outlook,” he said, via 9News’ Mike Klis. “I know exactly where I’m supposed to be at two months, four months, six months and in the position where I’m at now, I feel great, I feel comfortable. I feel like I’ll be ready to go at the start of the season.

“Whenever it’s time for me to play, I’ll be ready to go. I want to be ready Week 1 versus the Jets… But if it’s not the first week of the season, then it won’t be any longer than Week 6, for sure.”

Whenever he is on the field, Miller will lead an edge rush group featuring recent draftees Gregory Rousseau, Carlos Basham Jr. and A.J. Epenesa, along with fellow veteran Shaq Lawson. The lack of signficant spending on the edge in terms of both free agent dollars and draft capital point to the Bills’ confidence in Miller’s ability to remain an All-Pro contributor following his rehab, and his level of play will be critical in 2023 and beyond.

2023 NFL Cap Space, By Team

June 2nd, 2023 at 3:33pm CST by Sam Robinson

The start of June has served as a key NFL financial period for decades. While teams no longer have to wait until after June 1 to make that cost-splitting cut designation, teams pick up the savings from those transactions today. With a handful of teams making post-June 1 cuts this year, here is how each team’s cap space (courtesy of OverTheCap) looks as of Friday:

  1. Chicago Bears: $32.58MM
  2. Carolina Panthers: $27.25MM
  3. Arizona Cardinals: $26.68MM
  4. New York Jets: $24.79MM
  5. Detroit Lions: $23.72MM
  6. Indianapolis Colts: $23.39MM
  7. Dallas Cowboys: $20.48MM
  8. Houston Texans: $16.81MM
  9. Green Bay Packers: $16.57MM
  10. Pittsburgh Steelers: $15.73MM
  11. Cincinnati Bengals: $14.92MM
  12. New Orleans Saints: $14.27MM
  13. New England Patriots: $14.12MM
  14. Miami Dolphins: $13.9MM
  15. Cleveland Browns: $13.86MM
  16. Philadelphia Eagles: $13.85MM
  17. Los Angeles Chargers: $12.61MM
  18. Jacksonville Jaguars: $12MM
  19. Washington Commanders: $11.57MM
  20. Baltimore Ravens: $11.54MM
  21. San Francisco 49ers: $10.72MM
  22. Atlanta Falcons: $10.7MM
  23. Denver Broncos: $10.13MM
  24. Minnesota Vikings: $9.75MM
  25. Tennessee Titans: $7.99MM
  26. Seattle Seahawks: $7.94MM
  27. New York Giants: $3.82MM
  28. Las Vegas Raiders: $3.37MM
  29. Los Angeles Rams: $1.49MM
  30. Buffalo Bills: $1.4MM
  31. Kansas City Chiefs: $653K
  32. Tampa Bay Buccaneers: $402K

The Dolphins gained the most from a post-June 1 cut (Byron Jones) this year, creating $13.6MM in cap space from a deal that will spread out the cornerback’s dead money through 2024. But the Browns (John Johnson, Jadeveon Clowney) and Cowboys (Ezekiel Elliott) created more than $10MM in space as well.

The Jets’ number is a bit deceiving. They are still working on a restructure with Aaron Rodgers, as the trade acquisition’s cap number — after a Packers restructure — sits at just $1.22MM. In 2024, that number skyrockets to $107.6MM. Rodgers’ cap hit will almost definitely will climb before Week 1, so viewing the Jets along with the other teams north of $20MM in space is not entirely accurate.

Minnesota is moving closer to separating from its $12.6MM-per-year Dalvin Cook contract. The team already created some space by trading Za’Darius Smith to the Browns. Cleveland, which is one of the teams connected to DeAndre Hopkins, added Smith and did so with help from its Deshaun Watson restructure. Watson was set to count $54.9MM against the Browns’ 2023 cap. That number is down to $19.1MM, though the Browns’ restructure both ballooned Watson’s mid-2020s cap figures to $63.9MM — which would shatter the NFL record — and added a 2027 void year.

Tampa Bay and Los Angeles sit atop the league in dead money, with the Bucs — largely from their April 2022 Tom Brady restructure — checking in at $75.3MM here. That total comprises nearly 33% of the Bucs’ 2023 cap sheet. The Rams, at more than $74MM, are not far behind. Despite the Bills and Chiefs — the teams most frequently tied to Hopkins — joining the Bucs and Rams near the bottom of the league in cap space, both AFC contenders also sit in the bottom five in dead money.

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