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“Dead money” is essentially used salary-cap space for players who are no longer on the roster. The Dolphins have an NFL-high $23.699 million of this year’s cap allocated to players who will not help the team this season, according to ESPN.com’s Roster Management System.
Recent trades, such as the one sending Wallace to the Vikings and linebacker Dannell Ellerbe to theNew Orleans Saints, for example, have drastically inflated Miami’s “dead money.” Both were given large contracts in 2013. But Miami wanted to go in a different direction two years later and was willing to take the cap hit.
Additional veteran cuts such as linebacker Philip Wheeler, cornerback Cortland Finnegan, guardShelley Smith and receivers Brian Hartline and Brandon Gibson also accelerated Miami’s “dead money” this offseason.
http://espn.go.com/blog/nflnation/p...ins-lead-nfl-in-dead-money-against-salary-cap
Recent trades, such as the one sending Wallace to the Vikings and linebacker Dannell Ellerbe to theNew Orleans Saints, for example, have drastically inflated Miami’s “dead money.” Both were given large contracts in 2013. But Miami wanted to go in a different direction two years later and was willing to take the cap hit.
Additional veteran cuts such as linebacker Philip Wheeler, cornerback Cortland Finnegan, guardShelley Smith and receivers Brian Hartline and Brandon Gibson also accelerated Miami’s “dead money” this offseason.
http://espn.go.com/blog/nflnation/p...ins-lead-nfl-in-dead-money-against-salary-cap