Dolphins salary cap update: How much space does Miami have left in 2022?
The Miami Dolphins have been fantastic when working with the salary cap this offseason, as they entered the period with more space than anyone and still have a fair amount to use.
For general manager Chris Grier to have his team in these circumstances, despite acquiring a lot of talent this offseason, he deserves a lot more credit than he’s been receiving, which is a far cry from where he was last year.
Miami will have some much higher cap hits in the future that will absolutely take some expert managing, later on, the Dolphins are in great shape right now.
Here’s an update on their current salary cap situation, including their current cap space, biggest cap hits and remaining dead money. All amounts are via Over The Cap.
Current cap space: $16.52 million
Mandatory Credit: Lynne Sladky/AP Photo
As previously mentioned, the Dolphins entered the offseason with the most cap space in the league. Now, just a few months before the start of the regular season, they have the 10th-most. The Cleveland Browns currently have the most in NFL with $42.16 million.
Miami can opt to take their $16.52 million and spend it on some free agents to improve their roster for 2022, lock up some players for the future or carry it over to 2023.
Top 10 cap hits in 2022
Mandatory Credit: Sam Navarro-USA TODAY Sports
With all of the players that received large contracts or extensions this offseason, you’d probably expect these numbers to be higher. However, Grier managed to keep the cap hits low in these first years, and they’ll rise as the cap rises in the future.
Emmanuel Ogbah: $11.35 million
Mike Gesicki: $10.93 million
Xavien Howard: $9.89 million
Jerome Baker: $9.73 million
Tua Tagovailoa: $8.26 million
Teddy Bridgewater: $6.5 million
Tyreek Hill: $6.49 million
Jaylen Waddle: $6.16 million
Byron Jones: $5.87 million
Cedrick Wilson Jr.: $5.75 million
Dead money: $8.5 million
The Dolphins have a bit of money left over from prior contracts. These are charges that are incurred when a player is cut, traded or there are void years at the end of a deal.
For Miami, trading DeVante Parker and Jakeem Grant had some financial negatives, and so did the releases of Jason Strowbridge, Jesse Davis and Allen Hurns.
DeVante Parker: $5.4 million
Jakeem Grant: $1.37 million
Jesse Davis: $1 million
Allen Hurns: $433,334
Jason Strowbridge: $163,244
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