4:29pm: Taylor’s deal includes a $15.5MM bonus due next March, tweets Breer, who adds that it features base salaries of $12MM in 2017 and $13MM in 2018. That would give Taylor $50MM over the first three years of the contract and a chance for $42MM more during the latter three.
Tom Pelissero of USA Today offers more details (Twitter link), reporting that Taylor’s $27.5MM for 2017 is guaranteed for injury at signing. Further, Taylor’s $13MM salary for 2018 will become fully guaranteed that March. There are no guarantees beyond 2018 in the pact.
3:11pm: Taylor will make $9.5MM in 2016, then the Bills have a team option, Ian Rapoport of NFL.com tweets. If they pick it up, he gets $27.5MM in 2017 and the extension begins.
2:13pm: In a since deleted tweet, Taylor’s agent wrote that the deal is a five-year extension with a $92MM base that could reach up to $115MM though incentives (relayed by Albert Breer of The MMQB on Twitter).
Adam Schefter of ESPN.com (on Twitter) hears the Bills have a $10MM buyout option after the first year and another out after the second year.
1:33pm: Taylor’s 2016 season is fully guaranteed, but after that there is a lot of “prove-it” in the deal, Rapoport tweets.
1:00pm: The deal can be $90MM if Taylor is retained for the full six years, according to Tim Graham of The Buffalo News (on Twitter). Theoretically, incentives could also push total compensation higher than $90MM. The deal, if fully maxed out, could be worth more than $100MM, per Joe Schad of the Palm Beach Post (on Twitter).
12:51pm: Taylor’s Bills deal gives him $15MM/year,, Vic Carucci of The Buffalo News tweets. It’s a six-year deal which gives the Bills cap relief, Ian Rapoport of NFL.com (on Twitter) adds. However, the deal will have some flexibility for Buffalo after two years.
The early word on this deal indicates that the two sides have landed somewhere in between their earlier “bridge deal” talks and a desire to remain together in the long term.
12:29pm: The Bills announced that they have signed quarterback Tyrod Taylor to a multi-year extension. Terms of the deal have yet to be disclosed. 
Starting for the first time in his career, Taylor proved himself to be a dynamic playmaker last year, throwing for 3,035 yards and 20 touchdowns in 14 games, completing 63.7% of his passes and tossing just six interceptions. He also provided plenty of value with his legs, rushing for 568 yards and four TDs. Taylor is just the third quarterback in NFL history to finish a season with a passer rating over 99 and over 40 yards rushing per game.
At one point, the Bills and Taylor were reportedly discussing a two-year “bridge” deal that would have afforded the Bills some protection if Taylor faltered. However, the negotiations changed course in recent days with the team suddenly willing to make more of a commitment to their QB.
The Bills have watched Taylor go from intriguing backup to bonafide starter in no time. In a press release, Bills offensive coordinator Greg Roman credited Taylor for busting his behind in order to elevate himself to the next level.
“In order to take those steps it has to come from the player,” said Roman. “The player has to embrace the challenge of self-examination, self-awareness. He has done that A-plus, plus. I couldn’t be happier with his commitment to that process. He’s improving in every aspect of his game. I’m very happy with how he approaches his job.”
Photo courtesy of USA Today Sports Images.
I don’t hate the extension. As long as the outs after the 2nd and 3rd years are true, this won’t be a Fitzpatrick disaster. Good for Tyrod to get some money in his pockets. Maybe he can show espn how foolish they were to rank him as the 26th best QB in the NFL.
True – Buffalo has protections here.
BTW, how does one become a fan of the Yankees and Nets but also the Bills?
My father is from Buffalo but I grew up in Jersey. So I have been a Bills fan since birth. I was actually born on the day of the Bills last super bowl
Wow that’s a lot for him. He looked good last year but the league will adjust and we don’t know if he can. Hope it works out. Despite Rex who I can’t stand I like the bills
Personally, I love Rex. Why don’t you like him?
If I’m not mistaken, the Bills only owed him about 3 mill for this year. How can this give them cap relief. It sounds to me like they tore up his old contract and gave him a whole new one, this is not an extension. I know that QB salaries are going through the roof, and if you don’t have a franchise QB you are going nowhere, but this seems like a big risk for a guy with a one year track record. I guess that GM Whaley figures that if it doesn’t work out he’s fired anyway, so he had nothing to lose.
The problem with a deal like this is, if he plays well enough that it’s even a decent deal for the Bills, he’ll want to renegotiate after 3-4 years. They should write into these contracts, that if he tries to hold out, then he has to pay back half his signing bonus.
The player would never sign that.