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Buffalo Bills salary cap: Reid Ferguson contract details are in

Reid Ferguson recently signed a contract extension that makes him the highest-paid long snapper in the NFL. The long-tenured Buffalo Bills has earned it with his pristine play and leadership in his four-year career. The deal is for three years and $4 million.

Thanks to Over the Cap, we now have the numbers for Ferguson’s deal. His salary stayed the same in 2021, the final year of his previous deal, but he did receive a nice $675,000 signing bonus on the contract. All of Ferguson’s salaries are for the league minimum, per Over the Cap, but that signing bonus makes him the highest-paid in yearly average.

The Las Vegas Raiders gave Trent Sieg a $387,500 roster bonus this offseason to sign his deal, and it’s not pro-rated over the length of the deal, in case you’re comparing contracts. He will have the highest cap hit in 2021 at the position.

Here is the breakdown:

2021
Signing bonus (old contract): $125,000
Signing bonus (new contract): $168,750
Base salary: $990,000

Dead money: $800,000
Cap hit: $1,283,750

2022
Signing bonus: $168,750
Base salary: $1.035 million

Dead money: $506,250
Cap hit: $1,203,750

2023
Signing bonus: $168,750
Base salary: $1.08 million

Dead money: $337,500
Cap hit: $1,248,750

2024
Signing bonus: $168,750
Base salary: $1.21 million

Dead money: $168,750
Cap hit: $1,378,750