Bills, Ryan Fitzpatrick getting close on new contract

Reuters

We noted early this month that the Bills and quarterback Ryan Fitzpatrick were working on a new contract. Those contract talks appear to be making sufficient progress that a new deal could be announced next week.

Multiple reports surfaced Thursday night that a deal is geting close and could get finished when the Bills, who have closed their offices for this bye weekend, return to work next week. NFL Network’s Jason La Canfora reports that Fitzpatrick’s deal is expected to average about $10 million per season, but the guaranteed money hasn’t been determined. ESPN’s Chris Mortensen reports that the deal would average between $9 million and $12 million.

In other words, Fitzpatrick wouldn’t be making “first-tier” money like Peyton Manning and Tom Brady, who average $18 million a year on their new deals. But Fitzpatrick would be near the top of the “second-tier” quarterback contracts, making at least as much as Chiefs quarterback Matt Cassel, who signed a six-year, $63 million contract.

If a deal doesn’t get done, the Bills would slap the franchise tag on Fitzpatrick next year, which would mean giving him an enormous one-year contract for 2012. The Bills are in good cap shape for 2011 and would much rather get a long-term deal done with Fitzpatrick now so they can apply a large chunk of his contract to this year’s cap. Fitzpatrick has a base salary of $3.1 million in this, the last season of his three-year, $6.9 million contract.

If the Bills are able to finish the deal with Fitzpatrick soon, they’ll turn their attention to wide receiver Stevie Johnson and running back Fred Jackson. All of a sudden the Bills are finding that they’ve got a lot of talented playmakers on offense looking for new contracts. That’s a good problem to have.

24 responses to “Bills, Ryan Fitzpatrick getting close on new contract

  1. Yeah, mds, it’s a good to have a lot of playmakers on offense, but it’s the bills, so we know that they’ll find a way to screw it up. They’re the black hole of the east coast.

  2. AYEO AYEO LETS GO BUFFALO THE BILLS THEY MAKE ME WANNA SHOUT!!!! fitzmagic and freddy jackson the savior’s from sucking…(not not willing to say super bowl….yet)

  3. This is a disturbing development for the MN lavender Larries. Half the state of MN would be on suicide watch if the Bills would house a Lombardi before the queens. They hang on to a thread of separation of distinction of not losing all their Super Bowls in a row as the Bills did when it comes to sharing the dubious record of being the only teams in the NFL to lose 4 Super Bowls without winning one. GO BILLS!!!

  4. “making at least as much as Chiefs quarterback Matt Cassel, who signed a six-year, $63 million contract.”

    Wow, how’s that working out for you KC?

  5. the emergence of another team in the afc east capable of smacking rex ryan and the jets around….i love it.

  6. Not gonna lie, when Ryan (Crazy Legs) Fitzpatrick left the Bengals because he wanted the chance to start somewhere I laughed, didn’t think he had a chance to be a starting QB in the NFL. Thought he would be a life long back up. Proved me wrong, very impressed with his play the end of last year and so far this year. Good work Fitzy, keep proving people wrong get that big dollar contract, you deserve it.

    Just sayin’

  7. And to think it was only a few years ago that he was a janitor at Harvard, solving complicated math problems left on a chalkboard outside one of the classrooms

  8. I’d wait to see how the season unfolds. Too many teams get burned by jumping the gun on new contracts.

    Lets see a full body of work(full season) out of Fitz before we dub him the savior.

    Theres still a lot of football to be played this year.

  9. This shouldn’t be a suprise to anyone. For all the haters who bashed the Bills for not paying the man earlier, almost all contract extensions mid-season are done during the bye, it makes total sense. I wouldn’t be suprised to see contract talks continue with Stevie and FJ as well. @kegpack, I’m pretty sure 25 games is a solid body of work, considering if this team makes the Playoffs and Fitz gets a pro-bowl nod, then that price tag is between 14-16 mil easy. @ brutus9448, no team has drafted in the top 10 for ten years.

  10. Agree with paying Fitzy $10 million per season. He has taken the reigns of the Bills QB position and fully solidified it after 12+ years of utter devastation at the position. Without Fitzy playing as well as he has for almost a season and a half, this team would still be a cellar dweller in search of an identification.

  11. he is eight years in but as far as i know he has never been under the knife for arm, knee, or shoulder and appears to be a “healthy lifestyle” guy (ie married with kids) so wear and tear is not an issue. that being said maybe waiting just a little longer to pay him may be the wise thing to do. warner could make ALL the throws when he came out of no where. i do not think fitz can.

  12. fitz can see the field, and already has a full body of work behind him. 5th in the league in passing TD’s, and 6th in completions, he has shown all that he can see the field, check down to his 3rd/4th options and convert 3rd downs, and run a 2min drill/no huddle effectively.
    well, this is what the analysts are saying anyways. if they dont pay him this year they WILL franchise him- Bills front office has made it clear they want him to stick around. He is quite the accomplishment over the last few terds that have started in buffalo.

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