Dolphins Restructure Julius Thomas' Contract

[DuderinoN703]

Newly acquired Miami Dolphins tight end Julius Thomas restructured his contract, eliminating $12.6 million from the deal to facilitate his trade from Jacksonville earlier this month.

Thomas, who was acquired in exchange for a seventh-round pick in next month’s draft, turned his contract into a two-year deal worth $12.2 million. According to a league source, $7.5 million of it is fully guaranteed.


He will earn $5.5 million in base salary this season, which is fully guaranteed. And in 2018, the seven-year veteran, who turns 29 in June, will earn $6.5 million in base salary, of which $2 million is fully guaranteed. He also has $100,000 workout bonuses in both years.

http://www.thescore.com/nfl/news/1262906-report-dolphins-restructure-julius-thomas-deal-to-cut-12-6m

 

[Danny]

So if he doesn't play as well as we want then he can be let go with a 2mill cap hit?

Ozzy rules!!

 

[ChrisTRD]

If so, that would be exceptional

 

[phinzfan21]

Good deal. Drafting a TE not completely off the table haha

 

[toneakabigshot]

I hope that is to reel in ZBrown :)

 

[Danny68]

I hope that is to reel in ZBrown :)

My first thought..

 

[Heinegrabber]

Love that CAP MAGIC!!!!

 

[XxJustinxX]

Great deal for us

 

[Michael Scott]

Give that **** to Mr. Brown and hello Taco Charlton in April.

 

[crashfan]

I thought this was done shortly after we traded for him?

 

[jimlerario]

I thought this was done shortly after we traded for him?

I thought so as well

 

[SCLSU Mud Dogs]

Give that **** to Mr. Brown and hello Taco Charlton in April.

Charlton will be a draft bust. Hell no.

 

[malzacher]

Me too

 

[finfanatl]

I thought this was done shortly after we traded for him?[/QUOTE

I think it was verbally agreed to after the trade.
It is now official.

 

[malzacher]

I agree I don't see all the fuss....mud dogs