The Jackson restructuring leaves the Dolphins with somewhere between $13 million and $15 million in space. The precise number wasn’t clear Thursday morning because the contracts of seven players who signed contracts with Miami (Liam Eichenberg, Alexander Mattison, Ryan Stonehouse, K.J. Britt, Pharoah Brown, Willie Gay and Benito Jones) hadn’t been listed yet on the players union web site. But all seven of those players were expected to get modest deals. Before those deals were processed, Miami had $18.6 million in cap space, according to overthecap.com. But only the 51 highest paid players count against a team’s cap. The players who are now 48 to 51 have cap charges of $960,000.
But the Dolphins lowered his 2025 cap hit from $13.83 million to $5.79 million by converting $9.71 million of Jackson’s 2025 salary into a signing bonus. That move, reported by overthecap.com, reduced his salary cap number by that $7.8 million. But that added $1.9 million to his 2026 cap hit, increasing it from $13.8 million to $15.8 million. It also added to his cap charge the year after his contract expires. Jackson has a $9.4 million cap hit in 2027, when he’s no longer under contract. Jackson’s $9.9 million salary for 2026 is not guaranteed, but there would be heavy cap consequences for terminating his contract early.
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