Dolphins Re-Structure Contract of Tyreek Hill
The Miami Dolphins continue to do work to create cap space, and made another big move on Friday by restructuring the contract of All-Pro wide receiver Tyreek Hill, which will save them around $18 million in cap space.
According to ESPN’s Adam Schefter, the Dolphins are converting Hill’s $10 million roster bonus and $16 million salary into a $24.83 million bonus and a $1.17 million salary, which will gain them considerable cap space heading into the free agency period next week.
Hill was traded from the Kansas City Chiefs to the Dolphins last March in a jaw-dropping blockbuster deal and signed a four-year contract extension worth a reported $120 million with $72.2 million guaranteed with Miami shortly thereafter.
Hill set new career highs with 119 catches and 1,710 yards and added 7 touchdowns during his first season in Miami.