The Cleveland Browns are not done yet.
ESPN's Mike Rodak reports the deal will become official on Wednesday March 14, at which point Buffalo will save $10.44 million against its cap and will not have to pay the quarterback's $6-million roster bonus.
Taylor started 14 games for the Bills in 2017, completing 62.6 percent of his passes for 14 touchdowns and just four interceptions.
Cleveland's acquisition of Taylor creates some intrigue at the top of the upcoming NFL Draft, with the Browns holding the first and fourth overall picks. The team could still target a quarterback, but could go in another direction if the top options aren't appealing.
As for the Bills, the trade leaves Nathan Peterman as their only quarterback currently under contract. The team owns six draft picks in the first three rounds, thus are strong candidates to trade up for one of the top quarterback prospects.