Originally Posted by irondarts
I understand that. But when players restructure their contracts most of the time they are not taking a pay cut, they are just shifting money from base salary into a bonus so it helps with the cap, but they still get the same amount of money. Not sure yet how much guaranteed money Ellerbe's deal has but Wallace get's 30 Million guaranteed.
Regardless, the Dolphins are showing they are willing to spend cash to improve, and their team looks a lot better now.
Before all these signings from the phins started they had 31 mil and wallace is a 7-8 mil cap space hit according to the reports and ellerbe is 3 mil. They still have some money to spend. (also released dansby)