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The Buffalo Bills entered the 2024 NFL off-season with one of the worst financial situations in the league, with a heavy focus on pass rusher Von Miller in that respect. But the team announced that they had restructured the soon-to-be 35-year-old’s contract on Wednesday, which will save them nearly $9 million for the upcoming season.
Bills Restructure Von Miller’s Contract For 2024
Full details on the Von Miller reworked contract with the #Bills: He lowered the $17.145M base to $1.5M plus a $7M signing bonus for a total of $8.5M base. There are also reachable incentives to get him back up to $17.145M and higher incentives up to around $20M total.
— Ian Rapoport (@RapSheet) March 6, 2024
Miller has a chance to make a good portion of that money back, though. But in order to do so, he’ll have to have a vast turnaround from the statistical performance that made his one of the worst contracts in the NFL last year.
Considered one of the elite pass rushers of the past decade, Miller signed a 6-year, $120 million deal with Buffalo ahead of the 2022 season, and it was thought that he would be one of the final missing pieces to get the team over the championship hump. He was productive in his initial season with the Bills, racking up 8 sacks in 11 games to go along with 2 forced fumbles. But a torn ACL cut his campaign short, and it was unclear whether he would be ready for the start of 2023, and questions about his long-term future lingered as well.
Miller played in 12 games during the most recent regular season. He played in 258 defensive snaps (32% of the team total), and racked up a total of 3 tackles, and failed to sack the quarterback a single time.
Miller Will Earn Incentives On Per-Sack Basis
The Bills and pass rusher Von Miller agreed to a renegotiated contract, per source.
The deal has a base value of $8.855M in 2024, with the chance to make up to $20M with incentives (up from $17.5M under the old terms).
The move saves Buffalo $8.645M in…
Source link : https://sportslens.com/news/the-buffalo-bills-will-pay-von-miller-4-million-in-2024-if-he-gets-6-sacks/
Author : Anthony R. Cardenas
Publish date : 2024-03-07 21:26:33
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