A look at the NFL Players Association website Tuesday offers a glimpse as to why the Miami Dolphins are officially bargain hunting in free agency now.
The Dolphins have 61 players under contract and have $9,166,140 salary cap space to deal with today. Only seven other teams have less cap space than the Dolphins, none of them in the AFC East.
And Miami’s figure is actually an overstatement because 61 players under contract don’t include Williams Hayes, who has agreed to but has not officially signed a one-year contract, which is expected to be around $1.75 million to $2.5 million — all of which would subtract from the Dolphins’ cap space because he would be included in the team’s top 51 contracts.
Although the Dolphins have to restrain themselves from paying Saks Fifth Avenue prices for the remaining free agents they might be interested in, there’s good news:
The remaining available free agents the team currently has in its sights are Walmart caliber and thus not all that expensive.
Secondly, the Dolphins will get a $17 million cap credit after June 1 when the fiscal benefit from cutting Pro Bowl defensive tackle Ndamukong Suh kicks in. The Dolphins will use that space to sign their draft class prior to July training camp, budget for their practice squad and stash some away for emergencies and possible carryover into 2019.
http://www.miamiherald.com/sports/spt-columns-blogs/armando-salguero/article206010204.html
The Dolphins have 61 players under contract and have $9,166,140 salary cap space to deal with today. Only seven other teams have less cap space than the Dolphins, none of them in the AFC East.
And Miami’s figure is actually an overstatement because 61 players under contract don’t include Williams Hayes, who has agreed to but has not officially signed a one-year contract, which is expected to be around $1.75 million to $2.5 million — all of which would subtract from the Dolphins’ cap space because he would be included in the team’s top 51 contracts.
Although the Dolphins have to restrain themselves from paying Saks Fifth Avenue prices for the remaining free agents they might be interested in, there’s good news:
The remaining available free agents the team currently has in its sights are Walmart caliber and thus not all that expensive.
Secondly, the Dolphins will get a $17 million cap credit after June 1 when the fiscal benefit from cutting Pro Bowl defensive tackle Ndamukong Suh kicks in. The Dolphins will use that space to sign their draft class prior to July training camp, budget for their practice squad and stash some away for emergencies and possible carryover into 2019.
http://www.miamiherald.com/sports/spt-columns-blogs/armando-salguero/article206010204.html
