http://www.dolphinsblog.com/miami-do...lphins+Blog%29ESPN’s John Clayton is reporting that Miami is currently $13.6 million under the salary cap in the proposed collective bargaining agreement. The assumption exists that either includes Paul Soliai’s $12.5 million salary from his franchise tender, or that the franchise tag will not count toward the cap this year. The possibility exists that Soliai’s salary can be subtracted from the cap as well, or that cap relief and exemptions will cause the cap to “feel closer” to $130 million, meaning the Dolphins would have about $25-$26 million to spend.
If the Dolphins indeed have just $13.6 million to spend, they will likely have about $7 million after they sign rookies and re-sign certain players. They could have a little more if they cut veterans like Benny Sapp and/or Tyrone Culver. They can also save some money by negotiating a long-term deal with Soliai and restructuring Vernon Carey’s contract if he is amenable to that. It seems the Dolphins enough room to sign one marquee player like DeAngelo Williams and perhaps a cheap veteran quarterback and plugging other holes while hopefully saving some for the future. Of course, as I have detailed before, they must plan to save some money for 2012 to avoid losing several key free agents.