The Buffalo Bills are on the verge of a game-changing acquisition this 2026 offseason, as sources indicate they are closing in on a deal with free-agent wide receiver Alec Pierce, the explosive deep threat who has led the NFL in yards per reception for two consecutive seasons.
This move comes amid a period of significant transition for the franchise, following yet another Super Bowl shortfall with Josh Allen under center, the firing of head coach Sean McDermott, and the promotion of offensive coordinator Joe Brady to the top job. Adding to the urgency, Allen’s recent revelation of undergoing foot surgery has intensified the team’s efforts to bolster support around their star quarterback, particularly by adding a legitimate deep-ball weapon to maximize his cannon arm.

Rumors have swirled for weeks about potential splash moves, including trades for stars like the Dallas Cowboys’ George Pickens or the Philadelphia Eagles’ disgruntled three-time Pro Bowler A.J. Brown. However, the latest developments point squarely to Pierce, the 25-year-old speedster set to hit free agency after his rookie contract with the Indianapolis Colts expires.
Drafted in the second round out of Cincinnati in 2022, Pierce signed a four-year, $6.6 million deal, but his breakout performances have positioned him for a massive payday. According to Spotrac, Pierce’s projected market value is a four-year contract worth $80.9 million, averaging $20.2 million annually—a figure that could strain Buffalo’s cap but is seen as the key to unlocking Allen’s full potential.
At first glance, the $20.2 million per year might seem daunting for the salary-cap-challenged Bills, who are projected to be about $6 million over the expanded 2026 cap per OverTheCap.com. Yet, Pierce’s league-leading stats make him an irresistible fit. He averaged 22.3 yards per reception in 2024 and followed it up with 21.3 Y/R in 2025—tops in the NFL both years—despite catching passes from a revolving door of quarterbacks, including rookie Riley Leonard and the astonishing return of 44-year-old Philip Rivers from a five-year retirement for three starts.
“While it will cost more than $20 million per year to sign him, Pierce will be only 26 years old next season,” wrote Matt Johnson of Sportsnaut, predicting Buffalo’s pursuit. “Signing Pierce will unlock the best version of the Bills’ passing game, finally providing a complement to pair with a great rushing attack.”
Pierce’s arrival would address a glaring void in Buffalo’s receiving corps. Allen lacked a true deep threat for much of the season until the team claimed 32-year-old veteran Brandin Cooks off waivers in November. Cooks impressed with 22.8 yards per catch in five games but is now a free agent himself. Otherwise, the Bills relied on 2022 fifth-round pick Khalil Shakir, who averaged a modest 10 yards per reception as the primary outside option. Pierce, by contrast, brings elite field-stretching ability that could serve as the perfect running mate for Shakir, alleviating pressure on the top wideout and diversifying the offense.

“Adding Pierce would give the Bills a much-needed outside threat who can stretch the field and add another element to Buffalo’s offense while also taking some pressure off Buffalo’s top wideout, Khalil Shakir,” noted Mike Moraitis of The Sporting News in a recent breakdown. With the Colts unlikely to match Pierce’s market value amid their own rebuild, Buffalo appears poised to pounce.
To make the finances work, the Bills may need to restructure contracts or release veterans, but insiders believe the deal is advancing rapidly, potentially finalizing in the coming days. This signing could be the catalyst to propel Allen and the Bills beyond perennial contenders and into Super Bowl glory, unleashing the quarterback’s arm like never before. Stay tuned as negotiations heat up in Buffalo.