The Bills have worked out a number of extensions with ascending players this offseason. Running back James Cook is notably not a member of that group, and no deal appears to be imminent in his case. 
That is not due to a lack of communication between team and player, however. Albert Breer of Sports Illustrated reports Cook and the Bills engaged in extension talks earlier this offseason. He adds, though, that the parties never came particularly close to an agreement.
For several weeks, it has been clear a gap exists between the 25-year-old’s asking price and what the Bills are willing to commit on a long-term deal. Cook is currently on track to play out the final season of his rookie contract, but he has skipped voluntary workouts while continuing to seek a new pact. $15MM per year was mentioned online by the former second-rounder as the value he is aiming for, but the Bills have not been prepared to reach that price point.
General manager Brandon Beane has publicly implied Buffalo is prepared to wait out the coming season before assessing Cook’s value on a big-ticket deal. The Georgia product has only handled starting duties for the past two years, but in that span he has amassed 2,834 scrimmage yards. After rushing for only two touchdowns during each of his first two campaigns, he tied for the league lead with 16 in 2024. With totals like that and age on his side, Cook submitting an asking price near the top of the market is not entirely surprising.
On the other hand, the deals given out to the likes of Saquon Barkley, Christian McCaffrey and Derrick Henry have come in the wake of sustained All-Pro play. Those veterans are the three backs whose deals average $15MM per year or more, with another four collecting eight figures annually on average. Cook could join one of those groups when his next contract is signed, but he may need to wait until at least some of the 2025 campaign takes place to secure a raise.
The Bills have worked out long-term deals with wideout Khalil Shakir, edge rusher Gregory Rousseau, linebacker Terrel Bernard and cornerback Christian Benford this spring. With those agreements in place – not to mention, of course, the restructure which moved Josh Allen much closer to the top of the QB position’s financial pecking order – most of the team’s offseason work has been taken care of. The Cook situation will linger into the summer if no agreement is reached, and in the absence of a successful second round of negotiations it appears that will be the case.