Jason La Canfora is reporting through CBS Sports that Cameron Wake and the Miami Dolphins could not come to an agreement on a contract restructure. With the 2016 free agency season about to begin on March 9, the Dolphins are one of the teams with very little cap space going into free agency. Wakes is scheduled to make $9.8 mill in 2016, and a $1.4 million dead cap hit if he is cut.
The Wake restructure was a very important part of Miami’s plans to get free agents and also to keep Wake as a Dolphin. This “set back” by no means demands that Wake will be cut or that a restructure isn’t going to happen, but the smooth sailing that was thought to happen now has hit some waves. It is also telling in that this regime isn’t desperate to free up cash for free agency. Being $9 million under the cap at present with an 11 million raise in the cap gives the Dolphins roughly $20 million to spend. While this is a lot of money, it doesn’t take the best pay per head review sites to realize that it doesn’t cover Vernon, Miller, Matthews resigning, not to mention any additional players. So either cuts are coming or the Dolphins are going to have tight reigns on this FA.
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