Miami Dolphins general manager Chris Grier went on a spending spree this offseason, signing guys like Terron Armstead and Tyreek Hill to rather large contracts with the hopes of building a contender in the near future.
A number of the signings the Dolphins made will have larger cap hits down the road which would lead many to believe that Miami doesn’t have the best salary cap situation going forward. However, according to Pro Football Focus, the team from South Florida has the seventh-best salary cap forecast for the next three seasons.
To determine this, PFF uses active draft capital, effective cap space, total prorated money, top 51 veteran valuation and 2023 unrestricted free agent valuation.
Here’s what PFF’s Brad Spielberger said about Miami and their cap:
“Miami, much like the Raiders, took a gamble with a major spending spree this offseason that still finds them on the outside of the playoff picture looking in… However, they were extremely crafty with two moves they made in particular.
First, in acquiring wide receiver Tyreek Hill from the Chiefs to perhaps create the fastest wide receiver duo in NFL history, they retained both of their first-round picks in 2023. If they don’t love what they see from quarterback Tua Tagovailoa in his third season, they have the ammo to potentially trade up to draft another top prospect
Second, they waited out the market on left tackle Terron Armstead before agreeing to terms on a five-year, $75 million deal. Armstead has dealt with injuries in the past, including 2021, but there’s a solid argument this was the entire offseason’s best value deal.”
Obviously, the team is built to win in the next few years, so the Dolphins will have to capitalize on this opportunity and show that they’ve made smart moves by winning a Super Bowl.
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