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Dolphins Weigh Record $99.2 Million Dead-Cap Hit to Move On From Tua Tagovailoa

League chatter frames Miami’s quarterback call as a cap-driven reset under a new regime facing few trade exits.

Overview

  • Multiple outlets report growing belief that Miami will part with Tagovailoa, with some insiders saying the team could absorb the entire $99.2 million charge in 2026 to clear future years.
  • Contract mechanics drive the dilemma: a pre–June 1 release accelerates $99.2 million into 2026, whereas a post–June 1 designation would split it into $55.4 million for 2026 and $43.8 million for 2027.
  • Tagovailoa carries $54 million fully guaranteed for 2026, and Ian Rapoport notes a trade would likely require Miami to subsidize salary for only modest savings and a mid-round pick.
  • A $14 million option bonus due March 13 adds timing pressure as the new league year approaches, with no official decision announced by the team.
  • Signals of a broader reset include recent veteran cuts such as Tyreek Hill and Bradley Chubb and reports of limited cap space, while potential bridge options discussed include Malik Willis or Jimmy Garoppolo.