The Dolphins have made a move to free up some money before the start of the new league year next week.
ESPN’s Adam Schefter reports Miami has restructured receiver Tyreek Hill’s contract to save the team $18 million against the cap.
To do it, the Dolphins converted Hill’s $10 million roster bonus and $16 million salary into a $24.835 million bonus and a $1.165 million salary.
Dolphins have restructured WR Tyreek Hill contract to convert his roster bonus & most of salary into up-front bonus that saves $18M in salary cap space, source confirms.
Hill, Terron Armstead, Bradley Chubb restructured deals this week to save Dolphins about $44.5M in cap space.
— Cameron Wolfe (@CameronWolfe) March 10, 2023
Dolphins restructure contracts for Terron Armstead, Tyreek Hill, clearing nearly $30M in cap spacehttps://t.co/V6cfkdqEMd pic.twitter.com/lJBwnFRaBp
— Around The NFL (@AroundTheNFL) March 10, 2023
