Say what you will about Drew Bledsoe's recent performance with the Bills -- 2003 in particular -- the fact is that Bledsoe is still a classy guy. Today he agreed to a restructuring of his contract, which as most NFL contracts do these days would have put him into stratospheric heights with respect to the salary cap after this year. Now the Bills are no longer virtually committed to dumping Bledsoe after the 2004 season, which gives them enormous flexibility: if Bledsoe tanks in 2004, they can get rid of him more cheaply and move on to the J.P. Losman era, or if Bledsoe returns to form, they can keep him and give Losman another year of development in 2005. And the money not being spent now on Bledsoe means that the team may be able to pick up an additional free agent or two to plug into whatever holes still need filled.
I personally never viewed Bledsoe as anything more than "the guy to play while they groom the next guy", but it's nice that the Bills will have flexibility to really spend their time carefully developing the next guy.
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