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Author Topic: Terron Armstead is a Dolphin for life! Taking a huge pay cut to league minimum  (Read 2300 times)
CF DolFan
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« on: February 25, 2025, 03:02:07 pm »
They should induct him into the Ring of Honor right now. I'm kidding of course, but the guy really couldn't be a better role model. It sucks he can't stay healthy but he is a beast when he can play.

 According to NFL Network's Ian Rapoport, Armstead "plans to take his contract down to minimum." In other words, he is reducing his $28.6 million salary to the veteran minimum of $1.21 million.

It has huge salary-cap ramifications. The Dolphins are waiting for Armstead to decide his future, and this selfless decision allows him to take his time while not restricting the team's ability to make moves in free agency.
« Last Edit: February 25, 2025, 03:04:30 pm by CF DolFan » Logged
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Dave Gray
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« Reply #1 on: February 25, 2025, 03:07:47 pm »
I saw this and was unsure what to make of it.  What, exactly, does "allow him to take his time".  Was he guaranteed the money?  Would we be able to cut him?  Doesn't this allow him to make less while he restructures, but doesn't force our hand to cut him???

Good that it's happening, but unless I'm misunderstanding it, it doesn't seem like it's an act of selflessness.
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CF DolFan
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« Reply #2 on: February 25, 2025, 03:31:23 pm »
I think it means that the Dolphins will have him on the books for 1.2 million so it won't really affect them financially whether he returns or not. Armstead still had a lot of meat on his contract. Dolphins Analyst Kyle Crabbs had this to say about it ...


"This decision from Armstead would save Miami $13.79M in cap space at the start of the league year, $15M starting on June 2nd, and $11.414M in 2026 cap space," writes Crabbs.

Making this move will save the Dolphins more money than they could have imagined.
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Spider-Dan
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« Reply #3 on: February 25, 2025, 04:23:42 pm »
Seems like this gives the team more flexibility in free agency.

Instead of having to cut more salary elsewhere, they can sign free agents and keep their existing players.  Then when Armstead makes up his mind, if he decides to retire the team is basically unaffected, but if he decides to come back, Miami will then make the cuts they would have had to make in March, which will give them room to restore Armstead's original 2025 salary.
« Last Edit: February 25, 2025, 04:25:14 pm by Spider-Dan » Logged
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