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INDIANAPOLIS IND. – As the Bills continue to mull over their options regarding Tyrod Taylor’s future in Buffalo, one possibly, according to a report on BuffaloBills.com, could be a contract renegotiation.

Speaking with the website, ESPN NFL Insider Adam Caplan made it known that he believes a contract renegotiation is realistic.

“When they did that contract (last August) I think both parties would tell you they knew that this was a possibility because the number was so big,” Caplan reportedly said. “The thought around the league was the Bills would not roll over that option. They would look to renegotiate if Tyrod Taylor played well enough. And he did play well. I think the Bills also have to look at it and if it’s not going to be Tyrod, who is it going to be?”

A renegotiation seemed highly unlikely in the aftermath of Week 17, when Taylor was benched for what the Bills called a “business decision,” in favor of rookie Cardale Jones. During locker room clean-out, the two-year starter was noticeably frustrated by the move, however he didn’t ever completely rule out the possibility of renegotiating his contract.

“We’ll have to weigh those options when it happened,” he said of the idea. “Maybe that’s a possibility down the line, but we’ll visit that when it happens.”

Still, given his demeanor that day, it seemed far-fetched, especially considering the interest he’s drawn from other teams around the league. Perhaps two months removed from the situation has allowed cooler heads to prevail.

Buffalo has until 4 pm on March 11 to decide whether or not to exercise an option in the five-year contract Taylor signed back in August, cementing him on the roster at a cap hit of $15.9 million in 2017 and guarantee him north of $30 million in total earnings. Declining the option would create an additional $13.06 million in cap space that the Bills could desperately use.

Some other possibilities include picking up the option and restructuring the deal – which essentially would take money from Taylor’s 2017 base salary ($12 million) and turn it into a signing bonus, spread out into the later years of the contract – or even trading the 27-year-old QB. Both concepts could create some short term cap relief for Buffalo.

On Wednesday at the NFL Scouting Combine, new head coach Sean McDermott gave no indication of where the Bills are leaning at this point.

“If that’s what it takes, yes. If that’s what it takes, McDermott said of taking the decision to the wire. “We’re going to be methodical in all our decisions. This position is critical. The quarterback position in the league is critical to the success of a football team, so we’re going to take all the time necessary to make the right decision for this organization both in the short and the long term.”

As March 11 fast approaches it appears the Bills are exploring every avenue available to them as they try to figure out what to do with Taylor.

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